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Kuroda's surprise-filled tenure at BOJ comes to quiet close

Ueda's challenge: fixing communication breakdown between bank and markets

Bank of Japan Gov. Haruhiko Kuroda's tenure was marked by a string of policy decisions that caught market players off guard.   © Reuters

TOKYO -- The final policy board meeting of Haruhiko Kuroda's decade at the helm of the Bank of Japan ended Friday with no further surprises from a governor who had become known for them.

Some had been on guard for one last unexpected policy shift after December's unanticipated move to let 10-year Japanese government bond yields trade in a wider band. The quiet finish reflected an awareness at the central bank that past surprises under Kuroda's leadership had not been well received.

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