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BOJ disappoints markets by relative lack of action

Central bank leaves its policy unchanged except for a pledge to double its purchases of ETFs

LEAVING THE DOOR OPEN: Mr Kuroda said the BOJ plans to conduct an assessment of its policy with half a year having passed since the adoption of negative interest rates.


THE Bank of Japan (BOJ) dashed market hopes of bold new actions on Friday by opting for only a marginal increase in monetary easing while announcing its intention to conduct a comprehensive assessment of developments in economic activity and prices, which appeared to open the door...

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