BOJ Keeps Record Easing as Kuroda Aims to Stoke Recovery
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The Bank of Japan maintained record stimulus to keep stoking inflation and boost economic momentum that’s been sapped by a higher sales tax.
The central bank kept its pledge to increase the monetary base at an annual pace of 60 trillion yen to 70 trillion yen ($667 billion), the bank said in a statement today, in line with all 31 economists surveyed by Bloomberg News.