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Deflationary pressures are still a real risk – BOJ’s Kuroda

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - Bank of Japan (BOJ) governor Kuroda at Davos said Japan could reach target earlier or later depending on oil, but deflationary pressures are still a real risk.

    Key Quotes on Oil and Inflation

    Focus is that 2% CPI will be reached in second half of FY2016

    Some countries are benefitting from lower oil prices

    If you exclude energy, underlying inflation is 1-1.5%

    Inflation will pick up once oil stabilizes

    Japanese inflation expectations a well maintained now

    Key Quotes on China

    Doesn't think China is faced with a hard landing

    Chinese growth is quite respectable

    Is relatively optimistic about Chinese growth prospects

    Doesn't think global economy is on the brink of sharp deflation
    For more information, read our latest forex news.

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