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TOKYO -- The Bank of Japan's
decision on Tuesday to
continue "powerful monetary
easing"
but allow long rates
move in a wider band reflects
the
balancing act faced by Gov.
Haruhiko Kuroda.
He had to mitigate the
accumulated effects of years of
easing,
which
were becoming a burden
bank earnings, while taking
care not to
send the wrong message that the
BOJ was laying the groundwork
for ending the program.
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