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Forex Trading News: Bank of Japan's Shirakawa on the Wires

Posted by Mr. Danish FX on Mon, 05/12/2008 - 12:51am in

Highlights from the BOJ's Shirakawa:

  • The BOJ will hike rates if economic uncertainties clear
  • Chance of U.S. economy stalling high over the near-term
  • Japanese economic slowdown to continue for some time
  • BOJ is closely watching inflation expectations
  • Economy seen returning to a moderate expansionary path