Bloomberg News

BOJ’s Shirakawa Says Japan’s Economic Situation Is ’Very Severe’

October 04, 2011

Oct. 5 (Bloomberg) -- Bank of Japan Governor Masaaki Shirakawa said he feels that the nation’s economic state and outlook are “very severe.”

The central bank is taking “strong” monetary easing steps to support the economy, he said in parliament in Tokyo today.

To contact the reporter on this story: Ken McCallum in Tokyo at

To contact the editor responsible for this story: Gearoid Reidy at

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