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BOJ Cuts Inflation Forecast, Expands Loan Scheme Instead Of QQE

BOJ Cuts Inflation Forecast, Expands Loan Scheme Instead Of QQE

Business Insider - Leika Kihara

TOKYO (Reuters) - The Bank of Japan cut next fiscal year's inflation forecast on Wednesday and expanded a loan scheme aimed at boosting lending, hoping to deflect criticism it is sitting idly by as a slump in oil prices pushes inflation further away from its target. As widely expected, the BOJ held …

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