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Bank of Japan pledges to keep ultra-loose policy despite global tightening cycle

Gov. Kuroda agonizes between decelerating inflation and being left behind

Bank of Japan Gov. Haruhiko Kuroda attends a news conference at the central bank's headquarters in Tokyo on Friday. (Photo by Tsuyoshi Tamehiro)

TOKYO -- Bank of Japan Gov. Haruhiko Kuroda pledged on Friday to tenaciously maintain the central bank's ultra-loose monetary policy, even as its peers in the U.S., Europe and Asia have started to tighten their policies.

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