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A failure by the BOJ to expand its asset-purchase program at tomorrow's policy meeting "would be...

A failure by the BOJ to expand its asset-purchase program at tomorrow's policy meeting "would be a disaster for communication," says former board member Atsushi Mizuno. He argues Japanese banks - heavily exposed to firms struggling with the strong yen - are a bigger threat to the nation than a sell-off in JGBs. The yen is surging today, the greenback -0.7% to ¥80.78.
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