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Bank of Japan Leaves Monetary Policy Unchanged but Downgrades Economic Outlook

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    At first glance, downgraded forecasts for economic activity and inflation may appear inconsistent with the BoJ's decision to leave the stance of monetary policy unchanged. However, as BoJ governor Haruhiko Kuroda stated, the BoJ decided that two months was too short of a period to assess the impact of stimulus[​IMG]

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