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Bank of Japan decides to reduce government bond buying

Bank of Japan decides to reduce government bond buying

Jun 14, 2024

Tokyo [Japan], June 14: The Bank of Japan (BOJ) on Friday decided to reduce its government bond buying, in a further step toward policy normalisation after years of massive monetary stimulus to achieve stable inflation, reported Kyodo News.
At the end of a two-day policy meeting, the BOJ made no change to its policy rate, as widely expected, guiding it in a range of zero and 0.1 percent.
Source: Emirates News Agency