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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: BOJ Noguchi: Scaling Down Easy Policy Not An Option
Scaling down the Bank of Japan's easy policy is not possible for the time being, although some central banks are looking to tighten conditions in the face of higher inflation, BOJ board member Asahi Noguchi said on Thursday.
"The premise for the BOJ to scale down easy policy is achievement of the 2% price target in a stable manner," Noguchi said online to business leaders in Tottori City.
"It is true that Japan is taking considerable time to achieve the 2% price target but achieving the target is possible," Noguchi said, adding that the policy mix will become more important to escape from deflation.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.