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Reuters reports the following headlines on the Bank of Japan’s (BOJ) economic assessment.

Medium core CPI forecast for fiscal 2019/20 at 1.0% versus 1.1% in April forecast.

Risks are skewed to the downside on economy.

Japan inflation is gradually to  accelerate toward 2%.

Won’t hesitate to take extra action if needed.

Won’t hesitate to take additional easing of momentum to goal lost.

CPI currently at around 0.5%.