Friday, October 31, 2014

Bank of Japan Unexpectedly Moves to Stimulate Economy - NYTimes.com

Bank of Japan Unexpectedly Moves to Stimulate Economy - NYTimes.com:



"TOKYO — After insisting for more than a year that its aggressive monetary policy was sufficient to revive Japan’s economy and end deflation, the Bank of Japan on Friday unexpectedly announced that it would increase the amount of money it pumped into the country’s financial markets by buying larger quantities of government debt."



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