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BOJ may ease again, double inflation target - sources
The Bank of Japan will consider easing monetary policy again this month as it eyes doubling its inflation target to 2 percent, sources say, as weakness in the economy threatens to delay the country in getting out of deflation. Any easing will likely take the form of another increase in the BOJ's 101 trillion yen ($1.2 trillion) asset buying and lending program, mostly for purchases of government bonds and treasury discount bills, sources familiar with its thinking say. Under intense pressure from new Prime Minister Shinzo Abe, the BOJ will likely adopt a 2 percent inflation target at its January 21-22 rate review, ... (full story)
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