Bank of Japan is pressured to take action

JAPAN - Japanese lawmakers tightened the screws on the Bank of Japan by advancing legislation that would force it to take more aggressive action to stimulate the world's second-largest economy.

The bill's approval by a ruling-party committee Friday marks the latest volley in a battle between the BOJ, which says it has pushed monetary policy to its limits already, and a legion of legislators, economists and government officials who advocate radical steps to reflate Japan's fast-shrinking econom

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