Bank of Japan to set two percent inflation goal

Bank of Japan to set two percent inflation goal 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