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BOJ keeps policy steady, offers bleaker view on inflation

Reuters  |  TOKYO 

By Leika Kihara and Stanley WhiteTOKYO (Reuters) - Japan's central bank maintained its ultra-loose monetary policy on Friday and downgraded its view on inflation, signalling that it will lag well behind its U.S. and European peers in rolling back crisis-era stimulus.Markets are on the lookout for clues from BOJ Governor Haruhiko Kuroda's post-meeting briefing on how long the central bank could hold off on whittling down stimulus given recent disappointingly weak price growth.As widely expected, the Bank of Japan kept its short-term interest rate target at minus 0.1 percent and a pledge to ...

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First Published: Fri, June 15 2018. 08:35 IST
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