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Preview: Japan's low-inflation puzzle unlikely to sway BOJ into action

Reuters  |  TOKYO 

By Leika KiharaTOKYO (Reuters) - Japan is in the middle of a solid economic recovery, with business confidence at a decade-high. But inflation remains stubbornly low.Sounds familiar?The Bank of Japan, having tried many tricks in its monetary policy play book to vanquish decades of falling consumer prices, is expected to stand pat next week and signal that no further stimulus is forthcoming.The nine-member board will likely debate why inflation remains puzzlingly low. While that question has been a perennial one for Japan, the mystery this time is that prices remain tame even as job ...

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First Published: Thu, September 14 2017. 14:29 IST