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Japan's incoming PM keeps up pressure on central bank to attack deflation

Published on Dec 25, 2012 6:20 PM
Japan's incoming Prime Minister and leader of Liberal Democratic Party (LDP) Shinzo Abe (C) poses with his party's new executives: Ms Seiko Noda (L), Mr Masahiko Komura (2nd L), Mr Shigeru Ishiba (2nd R) and Ms Sanae Takaichi (R) at the LDP headquarters in Tokyo on Dec 25, 2012. Mr Abe will return as the country's new prime minister and form his cabinet on Dec 26. -- PHOTO: AFP

TOKYO (REUTERS) - Incoming Japanese Prime Minister Shinzo Abe kept up his calls on Tuesday for the Bank of Japan (BOJ) to drastically ease monetary policy by setting an inflation target of 2 per cent, and repeated that he wants to tame the strong yen to help revive the economy.

He also unveiled a new party line-up that includes women in key posts in an effort to show that the long-dominant Liberal Democratic Party (LDP) was turning over a new leaf.

Ms Seiko Noda, 52, a former consumer affairs minister who went public with her struggle to have a child and gave birth at the age of 50 through artificial insemination, was appointed head of the party's general council.

Ms Sanae Takaichi, 51, who served as minister for gender equality in Mr Abe's first 2006-2007 cabinet, was appointed LDP policy chief.

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