Friday 5 September 2014

BoJ holds off fresh stimulus despite slowdown

POLITICAL ECONOMY
BoJ holds off fresh stimulus despite slowdown
Tokyo (AFP) Sept 04, 2014 - The Bank of Japan's chief on Thursday stuck by his rosy view of the economy despite mounting evidence that an April sales tax hike has stalled growth. Haruhiko Kuroda's upbeat take on the world's number three economy has appeared increasingly at odds with the official data, but he brushed off questions about the apparent gap after a meeting where policymakers held fire on launching more stim ... more


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