BOJ: Introduction of the "Price Stability Target" and the "Open-Ended Asset Purchasing Method"

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan took additional steps to provide monetary accomodation decisively. Specifically, the Bank decided to introduce the price stability target, and introduce the open-ended asset purchasing method (i.e. to purchase assets…

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BOJ: Introduction of the "Price Stability Target" and the "Open-Ended Asset Purchasing Method"

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