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Bank of Japan Unveils Aggressive Monetary Policy

 
The Bank of Japan (BOJ) on Thursday embarked on an aggressive monetary policy to end years of deflation in the world’s third largest economy, pledging to double its government bond holdings in two years.

The central bank concluded a two-day policy meeting, the first under new Governor Haruhiko Kuroda, with a statement that it would pursue quantitative easing as long as it needed to achieve its 2 percent inflation target.

Read the complete article at CNBC here.

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