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- Bank of Japan board member Harada: There could be a big impact from sales tax hike
Bank of Japan board member Harada: There could be a big impact from sales tax hike
Government is planning sales tax hike for fiscal reform, revenues
Doesn't think sales tax hike alone will push the economy into recession
Hard to measure inflation expectations
Downside risks are rising
BOJ will take action if risks to price target materialise
Will ease further if risks threaten price target
Not expecting economic recession now
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