Reuters: US Dollar Report: Japan PM Abe: Bold monetary easing needed to beat deflation

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Japan PM Abe: Bold monetary easing needed to beat deflation Jan 11th 2013, 01:02 TOKYO | Thu Jan 10, 2013 8:02pm EST TOKYO Jan 11 (Reuters) - Japanese Prime Minister Shinzo Abe said on Friday that bold monetary easing is essential in beating deflation and a strong yen. "We need to deploy bold monetary policy, flexible fiscal policy and a growth strategy to boost private investment at the same time, in order to revive a strong economy," Abe said at a news conference.

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