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Nelson Mandela's funeral cortege will travel through the streets of the capital Pretoria on three consecutive days, the South African government said Saturday, encouraging people to line the route. "Every morning, when the remains leave the mortuary to the lying in state, those routes will be made public," said government spokesman Neo Momodu. Mandela's remains will lie in state at the Union Buildings -- the official seat of the South African government -- on Wednesday, Thursday and Friday.
By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said central banks should avoid offering overly complicated forward guidance on their policies, warning that doing so could disrupt financial markets and prove to be counter-productive. He also said that exiting from the current ultra-easy monetary policy may be more difficult than when the BOJ last ended its quantitative easing in 2006, because the bank now loads up on more long-term government debt and risky assets. Many central banks, including the U.S. Federal Reserve and the Bank of England, have resorted to "forward guidance" in lowering long-term interest rates, which is to offer guidance on how long they will maintain their ultra-loose policies. Kuroda has insisted on keeping the BOJ's message simple, which is to maintain its massive stimulus until 2 percent inflation is achieved, and has refrained from offering specific information on what will trigger an exit from that policy.