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BOJ dismisses market talk of early stimulus exit

"Government steps, as well as appropriate monetary policy, are necessary to achieve price stability with sustained economic growth," says Mr Iwata, whose five-year term ends in March.


THE Bank of Japan ramped up efforts to dispel market speculation of an early withdrawal of its massive stimulus, boosting its bond buying plan on Wednesday and reassuring markets that monetary policy will remain ultra-loose given meagre inflation.

BOJ governor Haruhiko...

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