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20th Jun 2022 00:10China+, Daily Monitor, Weekly Monitor

The BoJ stood pat on Friday, leaving policy settings unchanged, despite pressure on the yen and JGBs. 

Governor Kuroda was at pains to assert the primacy of growth and inflation as drivers of monetary policy

Currency volatility, rather than weakness, bothers the BoJ, warranting only limited intervention. 

boj central banks cpi energy energy prices fx reserves headline CPI japan jgb June May mof monetary policy policy u.s. wage growth yen yield curve

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Keywords for: No Change from the BoJ, Defying Market Speculation on YCC

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