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摘要:
1.Japan will end more than seven years of deflation this fiscal year, the central bank said, increasing the prospects it will raise interest rates from almost zero.
日本將結束超過七年的緊縮政策,從近乎零利率升息的期望日漸提高
 
2.Core consumer prices, which the bank tracks to decide policy, will rise 0.1 percent in the year ending March 2006 and gain 0.5 percent next fiscal year, according to the median forecast of the bank's nine policy makers. In April, they projected core prices would fall 0.1 percent this fiscal year and increase 0.3 percent next year
依照央行九位政策制定者的中間預測,以追蹤決策的核心物價指數將今年將上升0.1%而且下一會計年度將上升0.5%;在四月份他們計劃核心物價將今年會計年度將下跌0.1%且明年上升0.3%
 
3.With deflation ending and the economy likely to grow further, chances of the central bank shifting policy ``will increase over the course of fiscal 2006,'' the bank said in today's report. Governor Toshihiko Fukui said on Sept. 29 that a shift in policy may occur before April.

A shift in policy won't be abrupt and the bank will hold short-term rates at ``very low'' levels after changing policy. The bank will have ``latitude'' to shift policy, it said today.

伴隨者緊縮的結束與經濟有持續成長的可能,中央銀行調整政策的機會將超過2006年會計年度的路線,Toshihiko Fukui 9月25日說貨幣政策轉變也許會在四月前發生;此轉變不會是突然的而且央行將保持短期利率在一各'非常低'的水準,央行將會漸進的調整貨幣政策

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