Why the Bank of Japan keeps on doing nothing

For pretty much all of 2004, the Bank of Japan has done nothing. And looking ahead to 2005, it's not expected to do a whole lot more, this article suggests. That the BOJ isn't having a serious discussion of deflation ending anytime soon throws cold water on hopes Japan is returning to normal-economy status, it says.

Click here to read the article "Why the Bank of Japan keeps on doing nothing" on the International Herald Tribune's website

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