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BOJ Nakamura says Japan is no longer in deflation, but that mindset yet to be eradicated

BOJ Nakamura says Japan is no longer in deflation, but that mindset yet to be eradicated
Bank of Japan monetary policy board member BOJ must patiently maintain easy policy for time beingJapan's economy no longer in deflation but deflationary mindset is yet to be eradicatedCurrent rise in deflation driven by pass-through of import costs, yet to be driven by wage gains Must scrutinise whether small, midsize firms are making progress in earning enough profits to sustain wage risesTightening monetary policy before rise in sales prices lead to wage gains would curb demand, weigh on compa... Read More
Posted: Aug 31 2023, 01:32
Author Name: forexlive
Views: 111640

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