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BOJ’s Kuroda: Downside risks for inflation outlook are high

The Bank of Japan (BOJ) Governor Kuroda is on the wires now, via Reuters, making a scheduled speech at the annual meeting of securities firms, in Tokyo.

Key Quotes:

Expect inflation to gradually pick up toward target.

Downside risks for inflation outlook are high.

Watching carefully how global economy hits Japan’s CPI.

Closer attention needed on risks for price momentum.

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