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Bank of Japan Moves to Fight Deflation

The Bank of Japan set an ambitious 2 percent inflation target and pledged to ease monetary policy “decisively” by introducing open-ended asset purchases

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  DealBook: In Euro Zone, Signs of Progress and Fears of Complacency
Europe's political leaders have taken important steps to improve spending discipline among euro members, but have yet to address some serious flaws in the structure of the euro zone.

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