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BoJ Puts Interest Rate on Hold, Lifts FY22 Econ Growth Forecast to 3.8%
The Bank of Japan maintained its short-term interest rate target at minus 0.1%, and the 10-year Japanese Government Bond (JGB) yields will remain at around zero, meeting street for...
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BoJ Puts Interest Rate on Hold, Lifts FY22 Econ Growth Forecast to 3.8%
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2022/01/18 10:54
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The Bank of Japan maintained its short-term interest rate target at minus 0.1%, and the 10-year Japanese Government Bond (JGB) yields will remain at around zero, meeting street forecasts.

The BoJ raised the inflation growth forecast for the FY22 beginning in April from 0.9% to 1.1%. The economic growth assumption was lifted from 2.9% to 3.8%. As for FY23, the central bank's economic growth and inflation estimates were both 1.1%.
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