After weeks of calls by the Japanese government to do something about deflation and the fast appreciating yen, the Bank of Japan held an emergency meeting Tuesday — and decided what the world’s second largest economy needs is more money. Central bank governor Masaaki Shirakawa announced steps to step up monetary easing by injecting 10 trillion....
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December 2, 2009
• Tags: Bank of Japan, Boosting the Economy, Headline, Hirohisa Fujii, Japan Economy, Naoto Kan, News • Posted in: Bionicbong
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