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BOJ upbeat about economy but cautious on monetary policy

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The BOJ has waged a long fight against deflation, but its continued purchase of huge amounts of Japanese Government Bonds and other securities from financial institutions is swelling its own balance sheet.

Tokyo

THE Bank of Japan (BOJ) on Friday reported modestly rising optimism over the state of the Japanese economy, and said it would stay the course on the currently super-easy monetary stance, aimed at cementing a continued recovery.

The central bank upgraded its assessment of

sentifi.com

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