BOJ Cuts Economy View As Global Slump Spreads - Congoo

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BOJ cuts economy view as global slump spreads

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Reuters | August 19, 2008

(Adds details, comments) By Leika Kihara TOKYO (Reuters) - The Bank of Japan cut its assessment of the economy for a second month in a row in a sign that a global slump sparked by the U.S. credit crisis may be spreading too quickly for Japan to avert recession. 'Economic growth has been sluggish aga...

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