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- BoJ's Iwata: pace of BoJ's bond buying will fluctuate depending on how much is needed to achieve its yield target
BoJ's Iwata: pace of BoJ's bond buying will fluctuate depending on how much is needed to achieve its yield target
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BoJ is buying etf as part of its qqe programme, not targeting certain stock price level
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Better to maintain BoJ's pledge to increase its jgb holding at 80 trln yen per year
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BoJ can guide monetary policy more flexibly by maintaining the bond-buying pledge, removing it could cause unnecessary market turmoil
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Don't need to change BoJ's inflation forecasts just from temporary fluctuations in oil prices
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Oil prices may fluctuate but likely to move up as a trend
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See little chance Japan's economy will worsen but if it does on big external shock, BoJ can top up stimulus
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