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Japan’s Monetary Base Drops 7.8% in October Amid Prolonged Decline

The Bank of Japan (Japan’s central bank) reports a 14-month streak of monetary base decreases, reflecting ongoing contraction in liquidity growth.

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Terms & Concepts
  • Monetary Base: The total amount of a country's currency in circulation or held in reserves by the central bank, used as a measure of liquidity.
  • Bank of Japan: Japan’s central bank, responsible for issuing currency and implementing monetary policy in the country.