Bank of Japan Governor Ueda:
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Japan’s prolonged deflation and low inflation have made it difficult to influence the public’s inflationary expectations through expansion of the monetary base.
Earlier:
- BoJ Governor Ueda will not change his monetary policy just to directly manage currency movements.
- BoJ Ueda expects accommodative financial conditions to be maintained for now
- BoJ’s Ueda wanted to act before core inflation reached 2%
This article was written by Eamonn Sheridan at www.forexlive.com.
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