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BOJ: Weak Oil Prices Good for Global Economy

Posted by February 9, 2015

The recent slide in global oil prices is a benefit for the world economy and could lead to some upgrades of economic forecasts, Bank of Japan Governor Haruhiko Kuroda said on Monday.

"For the world economy, without a doubt, weaker oil prices are a plus," Kuroda told reporters on the sidelines of the G20 meeting of finance ministers and central bankers in Istanbul. (Reporting by David Dolan

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