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On Thursday Japan’s Yomiuri newspaper reported the BOJ will review of the side-effects of Japan’s ultra-easy settings at next week’s policy meetings, and that it may take additional steps to correct distortions in the yield curve.
Source: https://business.inquirer.net/381960/asia-stocks-hit-7-month-high-on-china-and-cpi-bets
Therefore, this latest statement has suggested that BoJ is not in a “rush mode” to normalize its ultra-easy monetary policy due to an expected slowdown in inflationary pressures.
Source: https://www.marketpulse.com/forex/welcome-to-a-bipolar-world-of-monetary-policies/kwong
With the Bank of Japan (BoJ) looking likely to stick with its ultra-easy monetary policy on Friday, the yen also fell to six-month low, with a 1.0 per cent drop to 141.50 per dollar.