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Economy

BOJ remarks send Japan's long rates to post-Brexit high

The Bank of Japan policy board, which met last week, plans to study how its policies have affected the economy and prices.

TOKYO -- Suggestive remarks by the Bank of Japan in its latest monetary policy statement sent the country's long-term interest rates to the highest level in about five weeks.

On Friday, the central bank said it would conduct a "comprehensive assessment" of its quantitative and qualitative monetary easing in September -- fueling speculation that the BOJ may not cut deposit rates further into negative territory or boost purchases of Japanese government bonds anymore.

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