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MNI BRIEF: BOJ Keeps Econ, Inflation View, Ups Consumption

MNI (TOKYO) - The Bank of Japan board on Friday largely maintained its assessment on the overall economy and major economic components, although it slightly upgraded its assessment on private consumption, following the Board's decision to hold the policy rate steady at 0.25%.

“Japan’s economy has recovered moderately, although some weakness has been seen in part,” a statement released by the BOJ showed. “Japan’s economy is likely to keep growing at a pace above its potential growth rate.”

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MNI (TOKYO) - The Bank of Japan board on Friday largely maintained its assessment on the overall economy and major economic components, although it slightly upgraded its assessment on private consumption, following the Board's decision to hold the policy rate steady at 0.25%.

“Japan’s economy has recovered moderately, although some weakness has been seen in part,” a statement released by the BOJ showed. “Japan’s economy is likely to keep growing at a pace above its potential growth rate.”

Keep reading...Show less