BOJ’s surprising steps stopgap antidote to domestic woes, may spark broader devaluations – Xinhua

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Irish Independent
BOJ's surprising steps stopgap antidote to domestic woes, may spark broader devaluations
Xinhua
TOKYO, Jan. 30 (Xinhua) — The Bank of Japan (BOJ) on Friday surprised markets by announcing that it would introduce a negative interest rate to show resolution in the fight against prolonged deflation. The proposed remedy, however, may hold few …
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