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>> JAPANESE YEN Latest News

OCT 03, 2013 - MarketWatch

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Bank of Japan holds policy, outlook steady

LOS ANGELES (MarketWatch) -- The Bank of Japan kept its monetary policy unchanged on Friday following its meeting, and said in an accompanying statement that the "economy is recovering moderately." A Wall Street Journal poll of economists ahead of the decision showed that all had expected the Japanese central bank to maintain its policy stance, after announcing aggressive new easing moves last April. In terms of the inflation outlook, the central bank noted that consumer prices excluding fresh food is in the range of 0.5% to 1%, and that "inflation expectations appear to be rising on the ... Read More

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