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Finance

Bank of Japan seeks flexibility on $55bn ETF target in bull market

Purchases down 76% this year as central bank looks to rethink strategy

The Bank of Japan has sharply reduced its purchases of exchange-traded funds.

TOKYO -- The Bank of Japan will consider changes to its approach to purchasing exchange-traded funds at its policy board meeting next week, a potentially significant move by the institution that has become the top holder of Japanese stocks.

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