Bank of Japan Monetary Policy Update for January 2015

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Bank of Japan left its monetary policy unchanged and threw no surprises in what seems like a critical week for the currency markets. The inflation expectations, as widely discussed saw the BoJ lower its forecasts while announcing the BoJ's new measures on extension of its loan facilities. The loan facilities, which works similarly to the BoE's "Funding for lending scheme" is targeted to banks a...

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