Bank of Japan to Reduce Bond Purchases Less Aggressively Amid Growth Concerns

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Source: CNBC
Bank of Japan to Reduce Bond Purchases Less Aggressively Amid Growth Concerns
Photo: CNBC
TL;DR Summary

The Bank of Japan announced it will slow its government bond purchase reductions starting April 2024, while maintaining interest rates at 0.5%, amid economic growth uncertainties and persistent inflation above its 2% target, with the economy showing signs of slowdown and contraction.

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