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via flipboard.comEconomy

Japan advisers urge focus on growth after inflation hits BOJ goal

FROM THE WIRE · FLIPBOARD.COM

TOKYO, Nov 11 (Reuters) - Private-sector members of the Japanese government's top economic panel said on Wednesday that hitting the central bank's 2% inflation target is not an end in itself, stressing that higher incomes and productivity were needed for a lasting exit from…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe debate on sustaining Japanese growth may shape expectations for BOJ monetary policy.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Private-sector members of Japan's government economic panel spoke on Wednesday.
  2. 02Hitting the 2% inflation target is not seen as an end in itself.
  3. 03Higher incomes and productivity are needed for a lasting exit from deflation.

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