Japan’s Central Bank Renews Powerful Easing Pledge After Hawkish Fed Signal
about 2 years in theepochtimes
TOKYO—The Bank of Japan must maintain ultra-loose monetary policy as recent cost-push inflation could hurt the economy, Governor Haruhiko Kuroda said on Tuesday, highlighting a widening gap with the U.S. Federal Reserve’s aggressive tightening plan. The central bank’s increasingly isolated dovish stance helped push the yen below 120 to the dollar on Tuesday for the […]
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