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>> BANK OF JAPAN Latest News

APR 26, 2013 - Yahoo! News

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BOJ projects to meet CPI target by 2015/16, analysts have doubts

By Leika Kihara and Stanley White TOKYO (Reuters) - The Bank of Japan forecast on Friday that inflation will rise to around 2 percent towards the latter half of the next three years due to its massive stimulus plan, a projection analysts say may be too optimistic. In a reminder of the task ahead, data on Friday showed core consumer prices marked their fifth straight month of annual declines in March even as the yen's recent falls pushed up import costs. ...

Tags: BOJ projects to meet CPI target by 2015/16, analysts have doubts,  Bank Of Japan Latest News