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Japan press: Election complicates June BOJ decision

Discussion in 'Fundamental Analysis' started by ForexLive, May 9, 2016.

  1. ForexLive

    ForexLive Forum Member

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    In the Nikkei overnight, a piece looking ahead to the June BOJ meeting (June 15 and 16) It says: - The July upper house election will likely complicate the delicate decision the Bank of Japan will have to make when its policy board meets in mid-June While the BOJ insists the election will not have an impact of any decision, the article also quotes an unnamed source at a Japanese bank saying a move is more likely at the July BOJ meeting than June. July is when the BOJ updates its outlook for the economy.

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