WAKAYAMA: Bank of Japan Policy Board member Miyako Suda said Thursday the economic outlook has grown cloudier because of Europe's deepening sovereign-debt crisis.
"Uncertainty has risen and I'm paying more attention to downside risks," Suda said in a speech in the city of Wakayama. Globally, "stock and currency markets are increasingly unstable, which could lead to a deterioration in corporate and household sentiment, hurting capital and consumer spending not only in Europe but Japan as well."
Read this news article on Japan Times.
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