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IMF urges BoJ to target shorter maturity yields to ease strain

TOKYO — The International Monetary Fund (IMF) urged the Bank of Japan (BoJ) to consider steps to ease the strains caused by its ultra-loose policy on financial institutions, such as targeting a shorter maturity for its long-term bond yield target.

IMF sees Philippine inflation to remain above 4% until 2019

The International Monetary Fund (IMF) expects Philippine inflation to remain elevated until 2019, and is even expecting price increases to overshoot the central bank’s...