Sunday, 29 July 2007

UPDATE 1-Japan output rises, BOJ rate rise seen on track

(Reuters) - But a crushing defeat for Prime Minister Shinzo Abe's
coalition in Sunday's upper house election could complicate the
outlook for monetary policy and scale back market expectations
for a central bank rate hike next month, analysts said.




The increase in June output beat a median market forecast for
a 1.1 percent rise.


Read more at Reuters.com Economic News

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