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14 Sep 2016
Sources: BOJ may debate next week deepening negative rates, offering new forward guidance - RTRS
Reuters quoting sources familiar to the BOJ, citing that the central bank is expected to offer new forward guidance on the future course of the Japanese monetary policy at its policy review meeting scheduled next week.
Key Headlines:
No consensus within BOJ yet on whether to offer numerical guidance on desirable long-term rate levels
BOJ may debate next week deepening negative rates, offering new forward guidance on future policy path
BOJ may use gap between real interest rates and neutral rate of interest to measure degree of easing effect