BoJ’s Shirakawa Sees Upside Price Risks, Near-Term Economic Weakness
The BoJ’s Shirakawa says downside risks threaten the slowing Japanese economy which has left the BoJ with a “difficult balancing act.” Shirakawa warns of rising inflation expectations and says the BoJ has no set view in regards to policy decisions. Shirakawa expects growth to pick up by the end of the year.