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Comments from BoJ's Sakurai cross via RTRS: -...>

BOJ
BOJ: Comments from BoJ's Sakurai cross via RTRS:
- He notes that now is time to watch developments, and that he doesn't see an
immediate need for active policy response. Reiterates that all tools are
available to the BoJ, those used would be dependent on the nature of any shock.
- When asked about the IMF's proposal re: targeting shorter maturities than its
current 10-Year yield target he says it is true that the yield curve is quite
flat, but that the BoJ's goal is to achieve 2% inflation.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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