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BOJ Statement: Enhancement of Monetary Easing

From boj.or.jp

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan made the following decisions with a view to further pursuing aggrisive monetary easing: Increas in the total size of the Asset Purchase Program (hereafter refered to as "the Program"): unanimous vote The Bank decided to increase the total size of the Program by about 11 trillion yen, from about 80 trillion yen to about 91 trillion yen in order to make financial conditions for such economic entities as firms and households even more accomodative by further encouraging a decline in longer-term market interest rates and a reduction ... (full story)

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