Japan central bank revamps policy to boos

Japan central bank revamps policy to boost economy
Associated Press

Bank of Japan Gov. Haruhiko Kuroda speaks at a news conference at Japan's central bank headquarters in Tokyo Thursday, April 4, 2013. Japan is making a sweeping shift in its monetary policy, aiming to spur inflation and get the world's third-largest economy out of a long, debilitating slump. Bowing to demands from Prime Minister Shinzo Abe for more aggressive monetary easing, the Bank of Japan announced Thursday a policy overhaul intended to double the money supply and achieve a 2 percent inflation target at the "earliest possible time, with a time horizon of about two years." (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, HONG KONG, JAPAN, SOUTH KOREA AND FRANCE

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