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BOJ may lower inflation outlook

Bloomberg The Bank of Japan (BOJ) is considering a small cut to its inflation projection for this year in a quarterly report to be released next week, according to people familiar with the central bank’s discussions. The BOJ may lower its forecast for core inflation from 1.1 percent for the fiscal year ending in March 2018, said the people, who ...

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Irish bankers tarnished again as mortgage scandal mounts

Bloomberg Helen Grogan says her bank has left her brimming with ‘rage, frustration and anger’ and 40,000 euros ($47,000) worse off. In common with 13,000 other Irish bank customers, Grogan was overcharged in a mortgage scandal that has reignited anger towards the industry almost a decade after taxpayers had to bail it out. “I was ripped off by the bank,” ...

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Vietnam’s central bank says it’s able to keep currency stable

Bloomberg Vietnam’s central bank said record-high foreign reserves will enable it to keep the currency stable for the rest of the year as the government focuses on boosting growth in the Southeast Asian economy. With reserve levels at $45 billion, “we are confident that we will be able to maintain the dong’s value,” in 2017, Nguyen Thi Hong, deputy governor ...

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