• Bloomberg, Reuters

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The Bank of Japan adjusted its view of inflation risks for the first time since 2014 but only nudged up its price forecasts a fraction, a combination that suggests moves toward phasing out stimulus are still a distant prospect.

The central bank kept its negative interest rate, bond yield target and asset purchases unchanged at the end of its meeting Tuesday. The stand-pat decision was widely expected given that Japan’s gradually accelerating inflation still remains far weaker than in the U.S. and other major economies.

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