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BOJ likely to downgrade its economic assessment due to coronavirus impact - Bloomberg

Citing people familiar with the matter, Bloomberg reports the Bank of Japan (BOJ) is likely to likely to downgrade its economic assessment due to the expected impact of the coronavirus outbreak, when it meets for its monetary policy review on March 18 and 19.

The sources said: “The downgrade will probably not translate into additional BOJ action, but be wary that it does add pressure, especially with a strengthening yen.”

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