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BoJ’s Kuroda: CPI growth will fall below 2% next fiscal year as cost- push factors taper off

Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Thursday, CPI growth will fall below 2% next fiscal year as cost-push factors taper off.

Additional comments

Recent price hikes due to cost-push factors.

Possible to achieve sustainable, stable inflation goal even thought it may take time.

Important to continue monetary easing to support economy.

Australia Part-Time Employment: -14.9K (October) vs previous -12.4K

Australia Part-Time Employment: -14.9K (October) vs previous -12.4K
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USDCNY fix: 7.0655 vs. prev fix 7.0363

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 7.0655 vs, the previous fix of 7.0363 and prior close of 7.0990). About
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