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White House urges Japan to fight deflation

Feb. 27, 2003 at 4:15 PM

WASHINGTON, Feb. 27 (UPI) -- The White House's chief economist said Thursday that Japan must tackle deflation in order to jump-start its ailing economy once and for all. Glenn Hubbard added that fighting the deflationary spiral was the primary responsibility of the Bank of Japan.

Topics: Jump Start
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