Muto says BoJ monitoring corporate investment risk

Bank of Japan deputy governor Toshiro Muto told a parliamentary hearing on Thursday 2 November that the BoJ does not consider domestic corporate capital investment overheating now but will monitor it for upside risks to growth.

Muto told the financial affairs committee of the upper house that recent Japanese data have shown a softer tone and official household spending and income figures have indicated a slow recovery.

But he added that a tightening labor market should eventually lead to a

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