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BOJ to bid farewell to stimulus era and justify rate hikes in policy review

Next month the Bank of Japan will release its findings on the pros and cons of the various unconventional monetary easing tools used in its 25-year battle with deflation, in another symbolic step towards ending its massive stimulus.

While the BOJ has said the outcome of the review will not have direct implications on near-term monetary policy, it will likely include findings and surveys that justify its plan to steadily proceed with policy normalization.

The BOJ will release the findings after its final policy meeting of this year on Dec. 18 and 19, when some analysts expect it to hike interest rates from the current 0.25%.

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