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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

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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.

Tokyo

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

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