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BOJ chief says Tokyo ready to ease further, despite controversy

Govt, central bank pulling out the stops to meet growth and inflation targets with House election pending: analysts

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A week after the BOJ imposed negative interest rates on commercial banks for their current-account deposits - a move decried by opposition parties - Mr Kuroda said there was "plenty of room" to cut the rates further.

Tokyo

A DEFIANT Bank of Japan (BOJ) governor Haruhiko Kuroda insisted on Wednesday that the central bank will not hesitate to ease monetary policy even further if needed, even though it is already imposing negative interest rates on some deposits that commercial banks hold with it.

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