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The reason observers misread the BOJ’s options so badly is they forget Japan really is a different economic animal.

Kazuo uedaFumio kishidaHaruhiko kurodaJunichiro koizumiEuropean central bankFederal reserveTeam uedaDemocratic partyMassachusetts institute of uedaMassachusetts instituteTechnology trained uedaPrime minister fumio kishidaReserve bankLiberal democratic partyBank of japan