After waiting so long, the Bank of Japan may well end up with the wrong sort of inflation. Rising energy and food prices are bad news for firms and consumers and will provide a further headwind at a time when Japan already has to contend with a sharp slowdown in the U.S.
~ Ben Eldred, Senior economist, Daiwa Securities, "Japans Long Awaited Inflations Saps Spending, Growth," Bloomberg, January 29, 2008
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