Bank of Japan Relents, Raises Inflation Target

Article Excerpt

Bank of Japan Relents, Raises Inflation Target

BY MEGUMI FUJIKAWA, TATSUO ITO AND TAKASHI NAKAMICHI

TOKYO—Japan’s new primary apportion hailed as “epoch-making” a oath he wrested from a executive bank to pierce some-more aggressively to kindle a country’s long-slumping economy. But markets, analysts and even some members of a Bank of Japan were some-more skeptical, suggesting a nation was still distant from branch a dilemma in a prolonged quarrel opposite deflation.

In what a supervision portrayed as a vital change, the

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http://www.news.ezonearticle.com/2013/01/22/bank-of-japan-relents-raises-inflation-target/