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BOJ maintains stimulus as inflation lags behind growth

Bloomberg The Bank of Japan left policy settings unchanged in the final meeting of 2017, retaining its unprecedented monetary sti- mulus as it waits for a pickup in stubbornly low inflation. With Japan’s economy continuing to grow at a healthy pace, and inflation at least moving in the right direction, there is little pressure on the BOJ adjust its interest-rate ...

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Danish minister slams ECB’s stimulus policy

Bloomberg Denmark’s government is wondering how much longer the economy will be exposed to the distortions wrought by negative interest rates, and is urging European Union leaders to enter a debate on the appropriateness of the current monetary policy environment. The country, which has lived with negative rates longer than any other, has been forced to keep its main monetary ...

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Banxico chief defends tight stance on rates

Bloomberg Mexico’s central bank Governor Alejandro Diaz de Leon reinforced the bank’s tight monetary policy stance, saying there was far too much uncertainty over US trade talks and persistently high inflation to change course now. While acknowledging the impact high interest rates have on already sluggish economic growth, the central bank sees an even larger cost if it doesn’t anchor ...

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