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February 19, 2012

Bailout in Brussels to help the BoJ

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The BoJ became the latest G8 central bank to ease policy this week. Governor Shirakawa and his policy makers announced a +Y10t increase in their asset-purchases and at the same time, formalized their inflation objective (an approach to fighting deflation). They intend to buy JGB's with the new funds... FF News: Fundamental

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