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Jobs for the BOJ
Japanese PM Shinzo Abe puts pressure on the central bank to make employment a priority as he tries to stimulate the economy back to health Japanese Prime Minister Shinzo Abe made his biggest push yet to make jobs growth part of the Bank of Japan's mandate as his government approved US$117 billion of spending to revive the economy in the biggest stimulus since the financial crisis. Under intense pressure from Abe, the bank will likely adopt a 2 per cent inflation target at its January 21-22 rate review, double its current goal, and consider easing monetary policy again, most likely by increasing government debt and ... (full story)