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Published 1 month ago

FOCUS: BOJ turns page on Abenomics, giving reeling Kishida election hope

Summary by Ground News
The Bank of Japan's decision to end its protracted period of unorthodox monetary easing gives Prime Minister Fumio Kishida an opportunity to move the nation on from the legacy of "Abenomics" On Tuesday, the BOJ scrapped its negative interest rate policy in its first rate hike in 17 years, overhauling the central bank's unconventional monetary easing framework of the past decade designed to end deflation.

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