BOJ Official: Risks to the economy, inflation outlook skewed to the downside

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The risks to the economic and inflation outlook are tilted to the downside, Reuters reports, citing comments from the Bank of Japan (BOJ) official.

Additional quotes

Various uncertainties exist over the outlook of Japan prices.

Consumer prices likely to remain negative for time being on one-off factors, gradually rise thereafter as economy improves.

Risks to economic, price outlook are skewed to downside

Recent sharp rise in Japan’s money stock due to huge govt stimulus, aggressive lending by banks.

more to follow ….

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