31-01-2017 11:18 via uk.news.yahoo.com

BOJ upgrades growth forecasts, warns of risks to inflation outlook

By Leika Kihara TOKYO (Reuters) - The Bank of Japan raised its growth projections on Tuesday but warned that prospects for hitting its 2 percent inflation target remained uncertain, suggesting policy makers were wary about Corporate Japan's willingness to lift wages seen as vital to boosting domestic demand. BOJ Governor Haruhiko Kuroda shrugged off concerns over U.S. President Donald Trump's protectionist policy stance, saying that his promises of tax cuts and big infrastructure spending - if i
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