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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: BOJ's Adachi Sees Inflation Up, But No Stagflation
Bank of Japan board member Seiji Adachi on Wednesday said that there is higher probability that the inflation rate will rise in Japan but no risk of stagflation.
Adachi pointed out changes in corporate price-setting, an improvement in growth prospects for companies and persistent high energy prices. “I think that the economy is far from stagflation, both now and down the road,” Adachi told business leaders in Oita City.
“I do not believe that recent exchange rate movements indicate a situation of ‘unhealthy’ yen depreciation that could lead to stagflation,” he added.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.