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- Japanese official, Fujii: Bank of Japan still needs to examine effects of negative rates
Japanese official, Fujii: Bank of Japan still needs to examine effects of negative rates
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BOJ still needs to examine effects of negative rates though.
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Japan needs JPY 10trln fiscal stimulus in FY 2017 and FY 2018 to escape deflation and offset lack of demand in the economy.
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it's important for the Bank of Japan to maintain current policy.
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