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FX VOICE: Japan's new monetary policy

Japan's central bank is buying trillions of yen in government bonds and other assets to depress long-term yields and revive the economy. Will this work and how will the yen fare in the medium to long term? CT asks the experts.
FX VOICE: Japan's new monetary policy

Kit Juckes, global head of FX strategy, Societe Generale CIB (pictured):
The rest of the world has been urging Japan to act against deflation for many years. Now, we must hope all these moves will help. It will be easier to weaken the yen than to revive the economy. The yen has been weakening ever since the possibility of Shinzo Abe becoming prime minister was appreciated by markets.

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