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Bank of Japan Maintains Promise to Keep Extremely Low Rates for ‘Extended Period’

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TOKYO—The Bank of Japan reiterated Wednesday that it would keep interest rates extremely low “for an extended period,” holding to forward guidance it first…
TOKYO—The Bank of Japan reiterated Wednesday that it would keep interest rates extremely low “for an extended period,” holding to forward guidance it first introduced in July.
The BOJ decided to stand pat on policy after making a number of tweaks in July to prepare for a longer-than-expected fight to lift inflation.

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