13 March 2001, 09:58 Japan's Fukuda says deflationary spiral possible if not careful
Tokyo, March 13 (BridgeNews) - Japan's economy is not in a
deflationary spiral but could enter one if the government is not careful,
Chief Cabinet Secretary Yasuo Fukuda said. To help boost the economy and
stock market sentiment, the government is "rapidly mulling" the ruling
coalition's economic stimulus steps announced Friday and may ask the
Liberal Democratic Party's Tax Commission to accelerate the schedule for
tax reform talks, he added.
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