Article 1C1V4 Bank of Japan shocks markets by voting against more stimulus

Bank of Japan shocks markets by voting against more stimulus

by
Martin Farrer and agencies
from on (#1C1V4)
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Despite weak inflation and household spending, central bank decides against fresh measures to stimulate economy, pushing the yen up

The Bank of Japan has surprised investors by deciding against any fresh market stimulus despite shocking data that underlined the huge problems facing the country's economy.

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