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2012.04.2705:10:00UTC+00Reckless Easing can Destabilize Economy Warns Boj's Shirakawa

News

  • BoJ's Shirakawa said that current monetary easing is mainly aimed at whatever positive momentum emerging in the economy
  • He also said that it will take time to see the results of the BoJ's action and he would want to carefully and "calmly" asses the impact
  • He also said that any reckless easing without keeping in mind the time lag could destabilize the economy

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