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BOJ ranks expect global economy to climb out of 'triple lows'

From asia.nikkei.com

Gaining momentum within the Bank of Japan is a view that the global economy hit bottom last year, poised to bid farewell to slow growth, low inflation and rock-bottom interest rates this year. "The correction phase following [2008's] Lehman shock has ended," said a source close to the BOJ. BOJ Gov. Haruhiko Kuroda also declared in a December speech that "the global economy is entering a new phase." Now more people within the central bank believe that the industrial slowdown and the soft trade and investment evident during the long wake of the financial crisis will ease up in 2017. In October, the International ... (full story)

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