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Expert: Inflation target still elusiveーNHK WORLD-JAPAN NEWS

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NHK WORLD-JAPAN

The Bank of Japan marks a landmark shift away from its massive monetary stimulus. The central bank has decided to end its negative interest rate policy and raise borrowing rates for the first time in 17 years. It will also abandon its yieldcurve control framework, which holds down long and shortterm interest rates. We asked Shirai Sayuri, a former BOJ board member about ,what drove the bank's decision. #japan #bankofjapan #stimulus #monetarypolicy

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