Risk-averse BoJ shuns unorthodox economic measures

ARTICLE - Bank's board meeting today is not expected to yield significant action, reports the London FT 29 November.

When the nine members of the Bank of Japan's policy board gather round a circular table on the eighth floor of the bank today for their bi-monthly meeting, they will have much to discuss.

The Japanese economy is in a downturn and deflation is accelerating. Yesterday Standard & Poor's, the US credit rating agency, downgraded Japan's sovereign debt and warned that the country's banks

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