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Daily Archives: December 25, 2017

BOJ says low rates hurting banks but woes won’t ease post-stimulus, By Leika Kihara and Sumio Ito

TOKYO (Reuters) – Prolonged ultra-easy monetary policy is weighing heavily on Japanese bank profits but financial institutions should not expect business conditions to brighten dramatically even after the central bank raises interest rates, a senior Bank of Japan official said. Many regional banks could suffer losses in the long run …

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