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Bank Of Japan Holds Tight

Published 21/12/2017, 13:48
Updated 31/08/2022, 17:00

As expected, the Bank of Japan kept rates unchanged at -0.1%, and the 10-year bond target stayed at 0%. BoJ officials expressed their confidence that the inflation will rise toward its target of 2%. The BoJ were also happy about the Q3 economic growth of an annualised 2.5%.

We believe this growth has cost too much, and it is unsustainable in the long haul.

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