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New moves aimed to boost investment in Capex - BOJ

FXStreet (Mumbai) - Additional headlines from the BOJ policy statement on the economic outlook are noted below:

Bank of Japan keeps economic assessment unchanged

Some parts of exports are weak but still recovering

Japan economy to continue recovering moderately

Recently some weak indicators for inflation

Expectations, but expectations still rising over long term

Japan exports picking with with some soft spots

Japan capex on moderate rising trend

Private consumption has been resilient

BOJ’s new moves aimed at encouraging firms to actively invest in capital expenditure, human resources

Deflationary mindset among firms, households changing

Households, companies are shifting away from deflationary mindset due to effect of QQE

On the new surprise introduced by the central bank:

Decision on guidelines for asset purchases made by 6-3 vote

To raise ceiling for its j-reit purchases

Board members ishida, sato, kiuchi dissented on Bank of Japan changes to guidelines for j-reit buying

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