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The Bank of Japan (BoJ) Governor Kuroda is on the wires now, via Reuters, urging to watch out for the potential impact of protectionism on Japan’s economy.

Additional Comments:

Japan’s economy is expanding moderately.

Moderate economic expansions are likely to continue.

Must maintain powerful monetary easing patiently.

No change in BOJ’s stance to hit the inflation target.

Expects inflation to rise towards 2% target.