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Forex Trading News: BOJ's Governor Masaaki Shirakawa on the Wires

Posted by Mr. Danish FX on Wed, 04/09/2008 - 3:40am in

Highlights from Shirakawa in his first press conference after JPY interest rate announcement:

  • Sees no risk of economy overheating in Japan
  • Japan economy to grow near potential growth rate
  • Uncertainty on economic outlook high now
  • Downside risks rising
  • Positive cycle in Japan economy weakening but still intact