BoJ ramps up monetary stimulus as the economy falters

08/29/2010 | Bloomberg Businessweek

The Bank of Japan will bolster the amount of funds in a bank-loan programme by 10 trillion yen, as it boosts monetary stimulus for the first time in months. The decision was made at an emergency meeting of the central bank, which was under pressures from the government to act. The focus is turning to the government's plans to spur growth as economic ministers meet to discuss stimulus efforts.

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