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Hiroaki Muto Avatar image

Hiroaki Muto

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For the time being, the BOJ can continue to argue that the slowdown in inflation is due to supply-side problems in the oil market. Given that Japanese stocks are doing well, there's no need to ease policy now, however, the BOJ will probably have to push back its two-year timeframe (for hitting its price target) when it updates its forecasts in October, which will raise questions about monetary easing.

Hiroaki Muto
business
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