Bank of Japan holds off further easing measures

The Bank of Japan held off further easing measures on Wednesday as it struggles to drag up the country`s flatlining inflation that is defying a massive stimulus programme launched two years ago.

Bank of Japan to set two percent inflation goal

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.