Japan Escaping Deflation Trap, Central Bank Chief Says

Japan is gradually escaping a prolonged period of deflation that has impeded economic growth, stifled investment and put downward pressure on wages, Bank of Japan Gov. Haruhiko Kuroda said Saturday. Speaking at the Kansas City Federal Reserve’s Jackson Hole, Wyo., conference, Mr. Kuroda said that…

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Japan Escaping Deflation Trap, Central Bank Chief Says