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BoJ’s Shimizu: Appropriate to continue easing policy for time being
Bank of Japan (BoJ) Executive Director Tokiko Shimizu said on Wednesday, it is “appropriate to continue easing policy for time being.”
Additional quotes
“CPI growth likely to slow below 2% in the middle of FY2023.”
“Will conduct appropriate policy with eyes on 2% inflation target.”
Market reaction
USD/JPY is jumping toward 135.00 on the above comments. The US Dollar is also gaining the upside traction amid a dent to risk sentiment, following hot UK inflation data. The spot is trading at 134.68, up 0.44% on the day, as of writing.
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