Bank of Japan Governor Shirakawa Holds Press Conference
Efforts to Achieve the Price Target
January 25, 2013, Tokyo, Japan - Gov. Masaaki Shirakawa of Bank of Japan speaks during a news conference at the Japan National Press Club in Tokyo on Friday, January 25, 2013.
The Bank of Japan set a two percent inflation target under pressure from Japanese Prime Minister Shinzo Abe, who has asked the central bank to take more action to overcome chronic deflation and the strong yen. Shirakawa's term as the country's central bank chief will end in two months and Toshiro Muto, an ex-BoJ deputy governorhas been rumored to replace Shirakawa. (Photo by Kaku Kurita/AFLO) FYJ -mis-