Japan’s central bank unchanged its interest rate as it seeks to support an economic recovery.
The widely expected decision came Friday in a unanimous vote by the bank's policy board after a two-day meeting.
According to bank, nothing decreases in prices because it was critical for Japan to overcome deflation.
It said it "does not tolerate" a situation in which the country's consumer price index doesn't change or decreases on a yearly basis.
1 comments:
Very good and informative post.
Happy New Year 2010!
Greetings,
Zuzanna
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