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The Bank of Japan left the key interest rate unchanged at 0.10% after an 8 to 1 vote and kept the bank's Monetary Base Target unchanged at 275 billion. One member voted against and expressed that the stimulus should be reduced but was voted down. Takahide Kiuchi wants the BoJ to cut its asset-purchase target by almost half. The bank should make inflation at 2% a medium to long term target. Tensions on the board are intensifying.
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