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Wednesday, Sep 19
2012, 3:02 AM
The BOJ joins the Fed, ECB and other central banks in announcing further easing, unexpectedly...
The BOJ joins the Fed, ECB and other central banks in announcing further easing, unexpectedly saying it will increase its asset-purchase program to ¥80T ($1.01T) from ¥70T, and lengthen the program by six months to the end of 2013. The BOJ also keeps its key interest rate unchanged at 0.0%-0.1%, and downgrades its economic assessment, saying "the pick-up in economic activity has come to a pause." (PR)