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#41 (permalink)

10-30-2009, 01:03 PM

MrWilson

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Japan signals end of world's cheap money era

In a historic policy change, the Bank of Japan (BOJ) on Thursday scrapped its five-year-old super-loose monetary policy and returned to a more conventional regime, but said it would still keep short-term interest rates around zero for some time.

Asia Times Online :: Japan News and Japanese Business and Economy

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