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Bank of Japan holds rates and plans to slow quantitative easing taper
Neither of the two decisions announced by the Bank of Japan’s policy board on Tuesday were a surprise. The BoJ held the policy rate at 0.5 per cent, and announced that the quantitative easing taper would slow down from April 2026.
The Bank of Japan may take a long pause before raising interest rates again, but it has still left scope for action this year ...
The Bank of Japan has said it will move more slowly on cutting back its bond purchases as its governor warned that going too quickly could hit the stability of one of the world’s biggest debt markets.
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