The Bank of Japan will focus on risks to the economy as uncertainty over U.S.-Ch...
OKAYAMA, Japan - The Bank of Japan will focus on risks to the economy as uncertainty over U.S.-China trade talks and soft global demand cloud the outlook, its deputy governor said, stressing the bank’s resolve to expand stimulus if the recovery is threatened.
But the BOJ would not let its guard down against overseas risks that could further delay a pick-up in growth and hurt already worsening business sentiment, he said on Thursday. Amamiya also offered a slightly bleaker view on domestic demand than before, pointing to the chance capital expenditure and private consumption may briefly weaken due to the hit from the global slowdown and October’s sales tax hike.
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