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In a rare appearance on Japanese TV, Bank of Japan Governor Masaaki Shirakawa says the bank will...

Dec. 21, 2009 12:17 PM ETiShares MSCI Japan ETF (EWJ)EWJBy: Jason Aycock, SA News Editor3 Comments
In a rare appearance on Japanese TV, Bank of Japan Governor Masaaki Shirakawa says the bank will fight deflation by "persistently" keeping interest rates "virtually zero." BoJ has refrained from unveiling new policies, so the comments may mean the bank's "trying to demonstrate it will do what it can to cooperate with the government" to counter declines. (ETF: EWJ; earlier)

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