Economists see no further easing by Bank of Japan this year

07/10/2013 | Bloomberg

Economists are citing the risk of inflation and reversing their previous forecasts, predicting no additional easing by the Bank of Japan this year. "The BOJ is very reluctant to take any small steps. They are going to hold firm for a while unless something really big happens that forces them to change their price outlook," said Yoshiki Shinke, chief economist at Dai-ichi Life Research Institute.

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