Bank of Japan holds off additional monetary easing | Bangkok Post: news

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Bank of Japan holds off additional monetary easing

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The Bank of Japan on Tuesday painted an upbeat picture of the world's number three economy and stood pat on its monetary easing programme as it assesses the impact of a controversial sales tax rise. 

The BoJ stands pat on its monetary easing programme as it assesses the impact of a controversial sales tax rise

Policymakers decided to hold fire on the multi-billion-dollar asset-purchase scheme introduced in April last year as part of a drive by Prime Minister Shinzo Abe to drag the country out of years of deflation and slumbering growth.

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