The Bank of Japan (BoJ) on Wednesday cut its growth and inflation forecasts for the world's third-largest economy, but said a recovery was still underway as it held fire on more easing measures.
Following a two-day policy meeting, the BoJ said Japan's economy would expand 1.7 percent in the fiscal year to March 2016, down from an earlier 2.0 percent forecast, while inflation would come in at 0.7 percent, compared with its 0.8 percent outlook in April.
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©