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BOJ Leaks September Statement To Ease Investor Concerns That It May Be Tapering QE
In the aftermath of the BOJ's unexpected lack of action on July 28, fears emerged that the central bank may be on pace to scrapping or at least revamping its entire QE program when it announced it would conduct a "comprehensive assessment" of its monetary program. This in turn sent the Yen surging back to levels where it was before scattered reports emerged that Ben Bernanke was pushing Abe and Kuroda to unleash helicopter money. So in order to quell any further such speculation, moments ago the BOJ appears to have "leaked" what its September statement would be, and as Reuters reported the BOJ has "already prepared a ... (full story)