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BOJ's Nakaso: Reducing monetary policy accommodation not a consideration

BoJ's Deputy Governor Nakaso keeps crossing the wires, now saying that reducing monetary policy accommodation is not a consideration at this point, while adding that next policy meeting will discuss what actions need to be taken to reach the 2% price target at the earliest possible time.

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We will take measures we judge necessary for Japan's economy

Depending on economic and price developments further measures must still be deemed necessary

BoC: Stays the course after 2Q blip – TD Economics

Brian DePratto, Economist at TD Economics, notes that as expected, the Bank of Canada kept its key policy interest rate unchanged at 0.5% and continue
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USD/JPY: Yen regains strength on BOJ’s Nakaso

Having failed several attempts to extend recovery above 20-DMA, USD/JPY dived deeper into losses as the yen gained across the board in response to BOJ
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