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18th Sep 2020 00:10China+, Asia Key Issues, Economic Monitor

The Policy Board of the Bank of Japan yesterday kept its main settings unchanged, as widely expected. In another 8-to-1 vote, members maintained the policy balance rate and the ten-year yield target at -0.10% and "around zero", respectively, while the forward guidance still pledges to keep "short- and long-term policy interest rates... at their present or lower levels".

April bank of japan board boj consumption credit credit data debt domestic demand economy exports funds gdp gdp forecast governor kuroda growth headline unemployment interest rate japan loan March monetary money and credit data policy policy board qe September unemployment yield target

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Keywords for: 18 Sept 2020 The Bank of Japan Still has Plenty of Room to Expand Covid Support

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