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Posts Tagged ‘central banks’

Bank Of Japan Makes Proactive Economic Moves

Bank Of Japan Makes Proactive Economic Moves

Bank of Japan is trying some creative tactics to stem a flagging economy after more traditional methods produced only sluggish results. Japan's central bank announced Tuesday, a move to lower its key interest rate to between 0% and 0.1%. It previously stood at 0.1%. The bank also said it would purchase about $60 billion of government bonds and [...]