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BOJ's Kuroda - will run ultra easy policy as long as required

Bank of Japan (BOJ) governor, while speaking at Bank branch managers meeting, said-

  • Will keep QQE with YCC (yield curve control) as long as needed to achieve the 2 percent inflation target. 
  • Japanese economy likely to continue expanding moderately. 
  • Will continue expanding monetary base until consumer inflation stably eceeds 2 percent. 

 

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