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Japan's central bank to warn of rising growth risks, policy seen steady
As the risks to the global economy rises, the Bank of Japan is expected to join a chorus of warnings from other policy-makers of the threat to growth from protectionism and signal its resolve to keep the money spigot open. At this week’s policy review, the BOJ is seen maintaining its ultra-easy monetary settings even as years of heavy bond buying dries up market liquidity and hurts bank profits, leaving it well behind its U.S. and European counterparts in dialing back crisis-mode stimulus. Adding to the plight of narrowing margins for financial institutions, the 10-year yield hit a five-month low of 0.025 percent ... (full story)