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BOJ Decision: Ueda on Wages, Accommodative Policy, Upside Risks
Posted
March 19, 2024
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March 19, 2024
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1:07Now PlayingBank of Japan Governor Kazuo Ueda speaks at a news conference in Tokyo after policymakers scrapped the world’s last negative interest rate while also indicating that financial conditions will stay accommodative for now. The bank’s board voted 7-2 to set a new policy rate range of between 0% and 0.1%, shifting from a -0.1% short-term interest rate. (Translated into English from Japanese)
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