Highlights from Shirakawa:
BOJ WILL IMPLEMENT FLEXIBLE POLICY; SPENDING FORMATION IN THE ECONOMY IS WEAKENING - BOJ is monitoring consumer inflation expectations - Higher commodity prices are affecting capex - Japanese terms of trade are worsening
BOJ WILL IMPLEMENT FLEXIBLE POLICY; SPENDING FORMATION IN THE ECONOMY IS WEAKENING
- BOJ is monitoring consumer inflation expectations
- Higher commodity prices are affecting capex
- Japanese terms of trade are worsening