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Bank of Japan to trim bond buying, keeps rates steady

TOKYO: The Bank of Japan decided on Friday (Jun 14) to start trimming its huge bond purchases and announce a detailed plan next month on reducing its nearly US$5 trillion balance sheet, taking another step toward retreating from its massive monetary stimulus. While it will continue to buy...

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TOKYO: The Bank of Japan decided on Friday (Jun 14) to start trimming its huge bond purchases and announce a detailed plan next month on reducing its nearly US$5 trillion balance sheet, taking another step toward retreating from its massive monetary...

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