BoJ boosts easing amid mounting political pressure


The policy board of the Bank of Japan (BoJ) today (December 20) voted to increase the size of the asset purchase programme by around ¥10 trillion ($119 billion), bringing the total size of the programme to around ¥101 trillion.

The BoJ expressed concerns over external developments, including the continuing eurozone debt crisis and fears over the US ‘fiscal cliff', as well as noting the uncertain effects of a recent deterioration of relations between Japan and China. Furthermore, CPI inflation in

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