BOJ adopts Abe’s 2% target in commitment to end deflation

The Bank of Japan (8301) set a 2 percent inflation target and shifted to Federal Reserve-style open-ended asset purchases in its strongest commitment yet to ending two decades of deflation. The central bank announced the policy shift in Tokyo today. The BOJ previously said it would ease until 1 …

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BOJ adopts Abe’s 2% target in commitment to end deflation

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