BoJ’s Shirakawa optimistic over post-earthquake recovery

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Masaaki Shirakawa, the governor of the Bank of Japan, on Wednesday said the recovery in Japan was showing further signs of improvement as supply-side constraints in the country ease.

At a hearing before the Committee on Financial Affairs in the House of Representatives, Shirakawa said: "With supply-side constraints easing further and production regaining traction, Japan's economy is expected to return to a moderate recovery path from the second half of fiscal 2011, backed by an increase in

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