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Japan Says Economy Back in Deflation

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THEY KEEP PULLING US BACK IN
"The Bank of Japan moved towards a neutral stance on the risk of inflation on Friday even as the government formally declared that the world’s second-largest economy has entered deflation for the first time since 2006," the Financial Times reported. "The bank’s policy board kept interest rates on hold at 0.1 per cent on Friday, but said “there is a possibility that inflation will rise more than expected” due to higher commodity prices, offset by a risk it could fall due to lower public expectations for medium- to long-term inflation."
SOURCE:   Financial Times

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