boj minutes, 2004-04-28
This was because growth in the world economy in fiscal 2005 was unlikely to be as strong as in fiscal 2004, according to an international organization's forecast, and because the sustainability of the increase in business fixed investment, the extent of the spread of the recovery to the nonmanufacturing sector, and the likelihood of strong private consumption continuing were not yet fully confirmed.
Sentiment: neutral
Topic: mp_economic_activity