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Bank of Japan Easing Catches Some Analysts By Surprise

February 14, 2012

The yen weakened 0.6% against the dollar, and the Nikkei index of Japanese share prices went up 0.6% in response to BOJ actions. Japan’s central bank designated 1.0% as a medium-term operational core CPI target and vowed not to end its virtual zero interest rate policy until that goal is in sight and significant deflationary […] More