BoJ holds off new easing measures as tax hike looms | Bangkok Post: news

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BoJ holds off new easing measures as tax hike looms

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The Bank of Japan held off fresh monetary easing measures Tuesday, saying the economy was picking up, despite slowing growth in the last quarter of 2013 and fears that a looming tax hike will dent the recovery. 

Wholesalers checking frozen bluefin tuna before an auction at the world's largest fish market at Tsukiji in Tokyo, November 22, 2013

The head of the central bank also indicated he was confident it would achieve its inflation targets by the end of next year but policy makers sounded a warning over exports.

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