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Kuroda Pushes Through Changes to Stay the Course for Longer Haul

  • BOJ to allow more flexibility on yields, shift ETF purchases
  • Central bank will cut reserves subject to negative rate
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Kazuo Momma, former head of the BOJ’s research and statistics department, discusses the central bank’s policy.(Source: Bloomberg)
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Bank of Japan Governor Haruhiko Kuroda revamped his massive monetary stimulus program for the long haul while taking steps to reduce its side effects.

Read this story in Japanese: 日銀、長期金利目標は上下にある程度変動-ETF買い入れも見直し