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Bank of Japan refrains from fresh easing after weak growth data

Published on Feb 18, 2014 11:50 AM
 

TOKYO (AFP) - The Bank of Japan (BoJ) on Tuesday held off launching fresh monetary easing measures on the back of weak growth data, which has exacerbated fears about the economic impact of an April sales tax rise.

In a unanimous decision, the BoJ said it would keep its massive easing programme in place, while tweaking a loan scheme to banks in a bid to stimulate lending to firms and consumers.