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Bank of Japan to set two percent inflation goal

Last Updated: Tuesday, January 22, 2013 - 14:13

Tokyo: The Bank of Japan (BOJ) Tuesday decided to set a two percent inflation goal and pledged to ease monetary conditions "decisively" at the conclusion of a two-day policy meeting.

The BOJ also released a joint statement with the government on fighting deflation, in which the government vowed to take growth strategies and restore fiscal health, Xinhua reported.

IANS

First Published: Tuesday, January 22, 2013 - 14:13
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