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BOJ signals its defiance of monetary policy critics

Governor Kuroda maintains QQE and negative interest rates have had their intended impact on both the financial market and Japan's real economy

Tokyo

BANK of Japan (BOJ) deputy governor Horoshi Nakaso indicated on Thursday that the central bank is ready to push ahead with its increasingly controversial monetary policies despite growing opposition from Japanese commercial banks and some politicians.

The BOJ "deemed it

sentifi.com

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