Economics

BOJ Sticks With Easing as Analysts Delay Action Calls

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The Bank of Japan raised its view of overseas economies while maintaining unprecedented stimulus as Governor Haruhiko Kuroda strives to boost inflation that remains short of a 2 percent target.

The central bank will continue to expand the monetary base at a pace of 60 trillion yen to 70 trillion yen ($688 billion) per year, it said in a statement today in Tokyo, in line with estimates of all 33 economists in a Bloomberg News survey.