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MNI BRIEF: BOJ Adachi: Deflation, Stagflation Global Econ Risk

(MNI) Tokyo
TOKYO (MNI)

Bank of Japan board member Seiji Adachi on Thursday voiced concern over the risks of deflation and stagflation of the world economy.

“In the process of tightening policy in the U.S., (we have to) pay attention to the risk that the U.S. economy deteriorates sharply through adjustments of asset prices,” Adachi told business leaders in Sapporo City.

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Bank of Japan board member Seiji Adachi on Thursday voiced concern over the risks of deflation and stagflation of the world economy.

“In the process of tightening policy in the U.S., (we have to) pay attention to the risk that the U.S. economy deteriorates sharply through adjustments of asset prices,” Adachi told business leaders in Sapporo City.

Keep reading...Show less