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LGT: BoJ not out of policy ammo

Spectators may be tempted to liken the Bank of Japan’s wait-and-see approach to some form of paralysis, but LGT begs to differ, saying that the Japanese central bank is yet to run out of ammo and that BoJ’s patience is part of a long game. “The main problem with the frequently articulated claim that the BoJ is running out of ammunition in…

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