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Analysts trim Japan's GDP forecast for H2, see feeble Q3 rebound
Published Mon, Sep 7, 2015 · 09:50 PM
Tokyo
THE Bank of Japan's (BOJ) confidence in underlying economic growth is wavering in the face of evidence of weakness, making officials cautious about the outlook for a pick-up in inflation, according to people familiar with the discussions.
For months, BOJ officials regarded a downturn in the economy in the second quarter as a temporary soft patch, with growth and inflation likely to pick up in ensuing months.
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