The Straits Times
www.straitstimes.com
Published on Dec 25, 2012
 

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

 
 

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.