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MNI: Ex-BOJ Aide: Output Gap To Zero; Price.....>

BOJ
BOJ: MNI: Ex-BOJ Aide: Output Gap To Zero; Price Momentum Risk
- Japan's output gap is expected to move toward zero percent next year, making
it difficult for the Bank of Japan to say there is still momentum toward
achieving the 2% price target, a former BOJ official said Tuesday. "Japan's
economy will be boosted by economic stimulus measures toward summer next year
but economic growth is expected to slow below the potential growth rate
afterward," said Hiroshi Ugai, managing director and chief economist of economic
research department at J.P. Morgan.
- For full story see MNI Main Wire at 05:35 GMT 12/17 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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