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The Bank of Japan thinks protecting its own balance sheet is more important than ending...

  • Friday, April 20, 2012, 2:33 AM ET
    The Bank of Japan thinks protecting its own balance sheet is more important than ending deflation and spurring growth, says Heizo Takenaka, the former minister who led a clean-up of the nation’s banks. Economists have recently raised questions about the consistency of BOJ's policies.
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