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downside risk |
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Downside risk
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Shirakawa said that the Japanese economy had been facing a series of downside risks such as the waning effects of domestic stimulus packages, the weak employment and income situation, as well as the moderate pace of the global economic recovery. The main downside risks identified in the spring forecast have materialised, with the financial turmoil Uncertainty in global financial markets as well as downside risks regarding the US economy and the world economy remain," he added. |
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