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BOJ chief economist optimistic about Japan's short-term outlook

Falling oil prices seen shaving over 10t yen from energy bill, more than the 8t yen hit from last year's sales tax hike

Further easing by the BOJ could also push share prices convincingly back above the 15-year high, which could, in turn, trigger a much-needed expansion of personal consumption, economists say.


THE chief economist of the Bank of Japan (BOJ) on Monday offered an upbeat assessment of the short-term prospects for the world's third-largest economy, echoing the optimism expressed by BOJ governor Haruhiko Kuroda in an interview with The Business Times in the Azerbaijan capital