Bank of Japan minutes: Market sentiment remains cautious, global slowdown fears have heightened

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Bank of Japan minutes: Market sentiment remains cautious, global slowdown fears have heightened

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    Bank of Japan’s July meeting minutes state that members shared the view that market sentiment remains cautious and that global slowdown fears have heightened.

    A few members said price rises are broadening in Japan.

    One member said wage pressures heightening.

    A few members said consumer inflation to slow next fiscal year unless commodity prices continue to rise.

    More to come …

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