Bank of Japan’s Kamezaki Comments
BOJ’s Kamezaki: Must examine upside risks of accomodative policy; Expects production to start recovering before long, but still watching downside risks to economy and prices
- Prices likely to continue moderate decline; Must watch FX, commodity market impact on prices
- Expects overseas economies to bottom out this year, US economic recovery likely to be slow
- Uncertainty over Japan’s outlook is high
- Massive debt issuance may increase interest rates in Japan and other countries




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