IMF sees Japan sustainably hitting central bank's inflation target
Simona Vlad
TOKYO : Japan is showing signs of sustainably achieving the central bank's 2 per cent inflation target with robust consumption and capital expenditure likely to underpin the economy, the International Monetary Fund said on Wednesday. "After three decades of near-zero inflation, signs are growing that Japan's economy can reach a new equilibrium with inflation sustained at the Bank of Japan's 2 per cent headline inflation target and growth at the 0.5 per cent potential," the IMF said in a
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