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JAPAN: BOJ shifts toward more open-ended support for public and private sectors

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At a truncated policy meeting on Monday, 27 April, the Bank of Japan (BOJ) announced that it would remove the JPY 80tn (USD 746bn) target for government bond purchases that has been in place since 2014. For now, this step will be mostly symbolic – the bank has bought considerably...

 

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JAPAN: BOJ shifts toward more open-ended support for public and private sectors

At a truncated policy meeting on Monday, 27 April, the Bank of Japan (BOJ) announced that it would remove the JPY 80tn (USD 746bn)