BOJ says Japan will 'continue its recovery'

[Hachiko]

The Bank of Japan said Wednesday in a semiannual economic outlook report that the nation's economy will "continue its recovery" in fiscal 2004.
The BOJ upgraded its economic evaluation by eliminating the reference to a "gradual" recovery that was in the last report, released in October.

In the outlook, the BOJ's nine-member Policy Board predicted annual growth of gross domestic product for fiscal 2004 in a range between 2.9 percent and 3.5 percent, up from between 2.0 percent and 2.8 percent predicted in the October report.

Japan Times