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BOJ: Won't hesitate to take extra action if needed

Reuters reports the following headlines on the Bank of Japan’s (BOJ) economic assessment.

Medium core CPI forecast for fiscal 2019/20 at 1.0% versus 1.1% in April forecast.

Risks are skewed to the downside on economy.

Japan inflation is gradually to accelerate toward 2%.

Won't hesitate to take extra action if needed.

Won't hesitate to take additional easing of momentum to goal lost.

CPI currently at around 0.5%.

BOJ leaves policy unadjusted, as widely expected, JPY keeps highs

On Tuesday, the Bank of Japan (BOJ) concluded its 2-day July monetary policy review meeting and made no changes to its monetary policy settings, holdi
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USD/JPY drop marginally to 108.70 as BOJ refrains from altering current monetary policy

With no major change in the Bank of Japan’s (BOJ) monetary policy, the USD/JPY declines to 108.68 during early Tuesday.
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