BoJ’s Shirakawa says ‘rebuilding demand’ will foster growth

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Masaaki Shirakawa, the governor of the Bank of Japan, said on Monday that although production was recovering due to the easing in supply-side constraints, Japan's economy was dependent on demand-side developments for growth in the near term.

At the Kisaragi-kai Meeting in Tokyo, Japan, Shirakawa said production in Japan was recovering quickly with progress in the restoration of supply-chain disruptions moving at a faster-than-expected pace, led by the automobile industry and a strengthening of

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