• Kyodo, Reuters

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The Bank of Japan began a two-day policy meeting Wednesday, with market participants expecting the central bank to cut its inflation forecasts, a move that would raise pressure for it to take additional steps to stimulate the economy.

The BOJ will study the possibility of further monetary easing. But some within the central bank believe it can hold its fire amid signs of moderate growth in the nation despite a consumption tax hike earlier this month and a slowdown in the world economy amid the fallout from the prolonged U.S.-China trade conflict.

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