(MENAFN- Qatar News Agency) A Bank of Japan Policy Board member on Wednesday warned of downside risks for the Japanese economy and prices, showing a cautious view about the central bank achieving its 2 percent inflation target as the rise in consumer prices seems to be moderate.
Sayuri Shirai said in a speech in Tokushima, western Japan, in reference to the prospects for prices "I hold the strong view that greater attention should be paid to the downside risks at this stage," Japan's (Kyodo) News Agency
She said the current path toward achieving the 2% inflation target entails uncertainty as the pace of increase in medium- to long-term inflation expectations "appears to have moderated or become more or less flat in recent months.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.