Outgoing BOJ head warns no quick fix to Japan's deflation

By Leika Kihara TOKYO (Reuters) - Outgoing Bank of Japan Governor Masaaki Shirakawa warned on Tuesday there is no quick way to fix an economy that has suffered 15 years of deflation and that aggressive money printing alone was not the answer. His comments contrast with those of incoming Governor Haruhiko Kuroda, who argues the BOJ can achieve a 2 percent inflation target in two years by pumping money more aggressively into the stagnant economy. ...