The Traderszone Network

Published in TZ Latest News 16 March, 2015 by The TZ Newswire Staff

BOJ maintains aggressive stimulus, but cuts inflation outlook

The Bank of Japan maintained its massive stimulus program on Tuesday and signaled its conviction that a steady economic recovery will help achieve its ambitious price target without immediate, additional monetary easing. The central bank, however, offered a slightly more downbeat view on the price outlook, though it stressed the slowdown in inflation was due to temporary declines in oil prices.

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