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Japan chief Cabinet secretary says expects BOJ to continue to conduct policy appropriately

  • Expects BOJ to conduct policy towards realising sustainable, stable 2% inflation target
  • Expects BOJ to be in close coordination with government in achieving that goal

Nothing out of the ordinary there. But it seems like this latest rate hike is in part to do with trying to keep the yen in a better spot at least, after having seen all the recent reports from the last few weeks.

This article was written by Justin Low at www.forexlive.com.

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