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        Opponents urged the Bank of Japan to step up its stimulus efforts


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Goushi Kataoka, a board member of the Bank of Japan, said Wednesday that the central bank must increase monetary stimulus to achieve its inflation target and warned that maintaining the current policy environment for a long time could lead to substantial fluctuations in economic growth.
Kataoka, an active advocate of easing policy, also said that the Bank of Japan and the government need to strengthen cooperation to raise public inflation expectations and ensure that Japan resolutely ends deflation.
"If the current monetary easing policy is extended, it will mean a longer period of uncertainty for the Japanese economy," Kataoka said in a speech by Kamatsu's business leader in Western Japan. "This means that uncertainty about achieving our price targets will increase."


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