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BOJ to cut monetary stimulus if inflation trend nears 2%: Ueda


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Ueda told a parliamentary session that the BOJ will examine upcoming data to confirm the strength of wage growth

Outrageous! What wage growth???? The inflation adjusted wages have been falling for 23 consecutive months as of now!

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Ueda must be using his own pay packet as a yardstick because he sure isn’t looking at the majoritys’

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"He also said the BOJ's monetary policy is not designed to "control" foreign exchange rates, yet cautioned that a policy response would not be ruled out if the impact of currency moves on the economy cannot be ignored."

Soooo.... Japan can do it, but no one else, or Japan WILL use monetary policy to "control" foreign exchange rates (again).

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Its called new math Itrickonometry!

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