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Bank of Japan board member Yukitoshi Funo.......>

BOJ
BOJ: Bank of Japan board member Yukitoshi Funo said Thursday that he sees a low
risk that the bank's large-scale monetary easing will hamper commercial banks'
intermediation role in the economy, even though zero interest rates are
squeezing lender profits. Funo also told business leaders in Sendai City,
northern Japan, that consumer prices remain weak as firms are cautious about
raising wages and prices amid uncertainty. He called for a close watch on
downside risks to prices and inflation expectations.
- For full story see MNI Main Wire at 03:35 BST 06/21 or contact
sales@marketnews.com for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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