Bank of Japan takes on deflation

Bank of Japan takes on deflation

Japan central bank has launched a more aggressive monetary policy to pull the county's shrinking economy out of the deflation it has struggled with for almost 20 years.br br It is boosting its programme of buying government bonds by the equivalent of 97 billion euros and has set an inflation target of one percent.br br ...


User: euronews (in English)

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Uploaded: 2012-02-14

Duration: 00:25