It didn't happen at last night's meeting, but the BOJ is ready to set a 2% inflation target, as...

|By:, SA News Editor

It didn't happen at last night's meeting, but the BOJ is ready to set a 2% inflation target, as demanded by incoming PM Shinzo Abe. "We intend to make the decision at the next meeting in January," says BOJ Governor Shirakawa ... We took into account (Abe's) request." So much for independence. After strengthening overnight, the yen has returned to unchanged vs. the greenback.