Japanese stimulus to tackle deflation

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Japanese stimulus to tackle deflation

By DON LEE TRIBUNE WASHINGTON BUREAU

Posted: January 23, 2013 at 2:57 a.m.

Taking a page from the Federal Reserve’s stimulus playbook, Japan’s central bank on Tuesday set a 2 percent inflation target and made an “openended” pledge to buy a potentially unlimited amount of government bonds to bolster its long sluggish economy.

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Business, Pages 24 on 01/23/2013

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