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Global Economic News

Bank Of Japan Keeps Monetary Stimulus Unchanged

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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The Bank of Japan maintained its monetary stimulus, but downgraded the inflation forecast signaling that price growth will not reach 2 percent target until March 2021.

The policy board of the BoJ voted 7-2 to purchase government bonds so that the yield of 10-year JGBs will remain at around zero percent.

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