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Markets anxious over Japan's risk of 'negative spiral,' top bank MUFG exec says
Summary by Channel News Asia
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Markets anxious over Japan's risk of 'negative spiral,' top bank MUFG exec says
TOKYO, Dec 10 : Markets are increasingly worried about Japan's "tail risk" of slipping into a negative spiral, where monetary tightening lags inflation and a weak yen pushes prices higher, the markets chief at top lender Mitsubishi UFJ Financial Group said.Markets have priced in a 90 per cent chance of a rate
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