BOJ signals conviction on hitting inflation goal in hawkish tilt, stands pat for now

BOJ signals conviction on hitting inflation goal in hawkish tilt, stands pat for now

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The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing out its huge stimulus were falling into place, suggesting that an end to negative interest rates was nearing. BOJ Governor Kazuo Ueda gave no hints on whether…

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