The Bank of Japan is optimistic about the country’s economy, stating today it is “recovering moderately.”

The Bank’s policy board noted in a statement, “Overseas economies as a whole are gradually heading toward a pick-up, although a lackluster performance is also seen.” It held its monetary policy meeting today.

The bank also finds Japan’s industrial production is rising.

Also read:

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Japan’s recovery gains momentum

Japanese workers leave blue chips for startups

Originally published on Advisor.ca
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