Bank of Japan Gov. Haruhiko Kuroda faces one of the stiffest challenges of his career this week as he looks for a way to maintain stimulus without pushing the yen even further below its 24-year lows.
While the consensus view is that the central bank will stick with all its main policy settings, Kuroda risks accelerating a slide in Japan’s currency, ratcheting up the strain on his control of yields and exacerbating public angst over rising prices.
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