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BOJ

To summarise, there were no surprises when it came to the latest BoJ monetary policy decision, with monetary policy settings unchanged and the now standard dovish dissent from Kataoka present. CPI projections for the current FY were marked lower, with the same holding true for the Bank's GDP projection (the next FY is expected to see a slightly faster clip of GDP growth as a result). The language deployed surrounding the economy was very matter of fact, once again providing no surprises.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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