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The government adds the word "promptly" to previous efforts to goad the BOJ into achieving an...
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Tuesday, May 8, 2012, 11:08 AM ETThe government adds the word "promptly" to previous efforts to goad the BOJ into achieving an inflation rate with a plus sign in front of it, according to the latest policy meeting minutes. At least at that meeting (April 9-10), the BOJ resisted the pressure, leaving policy on hold. The yen has strengthened since, the dollar buying ¥79.77 today vs. nearly ¥82 then.
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