Bank of Japan’s Shirakawa Comments

Written June 10, 2009 at 12:21 AM EST by  

BOJ’s Shirakawa: Japan industrial production and GDP to improve in Q2; Will consider revising economic assessment next week

- GDP improvement partially the result of inventory adjustments
- Weak job market and CAPEX will also impact domestic demand.
- Fiscal policy increasingly meaningful when interest rates are near zero

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