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Re: cifikea post# 17447

Tuesday, 01/22/2013 12:42:53 AM

Tuesday, January 22, 2013 12:42:53 AM

Post# of 37779
The Bank of Japan takes some assertive steps to end its long-running deflation issue, setting a 2% inflation target and starting open-ended purchases of ¥2T/month in government bonds and ¥10T/month in T-bills starting in January 2014. The yen sinks, with a dollar buying ¥89.8 from an earlier ¥89.4.

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