Economy / Japan
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Q1 Growth Revised Up, But Risks Mounting
June 2008 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: Although Japan's Q108 real GDP growth was revised up to an annualised rate of 4.0%, the economy is clearly facing downside risks. Thus, we feel it is too soon to drop our prediction of a 25bps rate cut in 2008.