Japan Cuts Forecasts as Abe Advisers Urge Coordinated Stimulus

  • Government is said to consider 10 trillion yen fiscal package
  • GDP estimate slashed to 0.9% from 1.7%, CPI to 0.4% from 1.2%

Japan Cuts Growth and Inflation Forecasts

Japan cut its forecasts for growth and inflation as two key advisers to Prime Minister Shinzo Abe urged coordinated stimulus from the government and the central bank to support the ailing economy.

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