DailyMarkets.com - Japan Overhauls Monetary Policy, Economy Picking Up

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Japan Overhauls Monetary Policy, Economy Picking Up Posted: 03 Apr 2013 11:35 PM PDT     Japan’s central bank launched a radical overhaul of its monetary policy framework in an ambitious effort to banish deflation over the next two years through massive purchases of government bonds and a doubling the country’s monetary base.     At the first board meeting under its new governor, Haruhiko Kuroda, the Bank of Japan (BOJ)  replaced it’s current asset purchase program with “quantitative and qualitative monetary easing,” under which it will no longer … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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