BoJ ‘will not hesitate’ to ease further if risks crystallise

The Bank of Japan

The Bank of Japan has said it “will not hesitate” to launch further monetary easing if conditions deteriorate to the point of threatening progress towards the inflation target.

Policy-makers took the dovish turn at their monetary policy meeting today (July 30), as risks to the outlook grow and inflation remains below target. In a break from the more cautious language in June, the July policy statement said downside risks to growth and inflation were now “significant”, especially “regarding

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