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IMF urges BOJ to end bond yield control, huge asset buying

By Inquirer - 10 months ago
TOKYO  —The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest rates, the IMF said on Friday, as markets ramp up bets on a near-term turn in the central bank’s ultra-easy policy. As Japan’s economy continues to recover, domestic demand is replacing rising costs

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