BOJ Kuroda: Widening of yield band not step towards easy policy exit

BOJ Kuroda: Widening of yield band not step towards easy policy exit

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Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Monday the central bank's decision last week to widen the allowance band around its yield target was "absolutely not a first step" towards an exit from ultra-loose monetary policy. "Under our yield curve control policy, we will maintain monetary…

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