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BOJ's Muto on the outlook for Japan's economy

In the speech 'The outlook for Japan's economy' given on 23 June, Toshiro Muto of the Bank of Japan said the central bank may see the possibility of ending a quantitative monetary policy easing in the year to March 2007, if things go smoothly.

'The Japanese economy is expected to move out of the current soft patch and move towards a sustained growth path.... and the consumer price index is expected to register a year-on-year increase on average in the year to March 2007,' Muto said in the speech

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