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As expected, the BOJ leaves its benchmark interest rate at 0-0.1% and the size of its...
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Thursday, August 9, 2012, 3:02 AM ETAs expected, the BOJ leaves its benchmark interest rate at 0-0.1% and the size of its asset-purchase program at ¥70T ($89.3B), but indicates that it's willing to carry out further stimulus if the risks to the economy grow. Forecasts that inflation is likely to remain unchanged at zero for the time being, below the BOJ's goal of 1%. (BOJ policy statement)
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