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BoJ official says financial conditions remain easy in Japan, underpinning economic activity, while Japan's job and income conditions are improving moderately

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BoJ official says financial conditions remain easy in Japan, underpinning economic activity, while Japan's job and income conditions are improving moderately

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Says:

  • Japan's real and long-term rate level remains negative in short and medium-term zones that has biggest effect on economic activity.
  • Rising long-term rates do push up corporate borrowing costs, but must be considered in tandem with fact that corporate profits remain at high levels.

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