• Bank of Japan Governor Masaaki Shirakawa: “High chance Japan will hit +1% CPI after FY13”

Market news

24 August 2012

Bank of Japan Governor Masaaki Shirakawa: “High chance Japan will hit +1% CPI after FY13”

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    resolving Europe's problems to take long time;

     

  • adverse effects of high yen bigger than benefits;

  • aware of adverse effects of high yen on Japan;

  • BOJ cannot buy foreign bonds for weakening yen;

  • wouldn't surprise markets on policy decisions.

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