Replies to post #219 on Forex News Traders

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01:54 NEWS: BoJ Nishimura - Must Be Flexible In Policy Decisions Tokyo, January 31. Over DowJones. The Policy Board member notes that policy looks to remain steady for now but, given various risks, the BoJ must be flexible. He notes declines in global stock markets, downside risks to growth, upside risks to inflation, partially on rising raw materials prices. He sees the latter weighing on Japanese corporate profits. CPI too looks to reach 1%. He adds that the Japanese economy is slowing and that the downside risks for the EZ cannot be ignored.