BOJ’s Iwata upbeat on economy, unfazed by post-tax hike slump

Bank of Japan Deputy Governor Kikuo Iwata on Wednesday reiterated policymakers’ conviction that the economy can recover from a deep slump, saying that households and companies will boost spending as the pain from an April sales tax hike eases. Iwata acknowledged that weak exports and the rising …

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BOJ’s Iwata upbeat on economy, unfazed by post-tax hike slump

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