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Japan and the BOJ: 1% is still less than it seems
Автор: Paul Cavey
Загружено: 2023-07-31
Просмотров: 44
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The BOJ didn't raise its inflation forecasts on Friday, keeping them at around 1.8%. But it said risks to prices are skewed to the upside. With the labour market likely to tighten from here, the magic 2% number seems likely to get into the forecasts soon. Doesn't that mean even rates of the new 1% are too low?
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