"It does increase the risk of other countries taking similar moves in what they perceive as a currency war," he said.In its announcement, the Bank of Japan said it plans to buy more than $530 billion a year in government bonds. BOJ governor Haruhiko Kuroda described the scale of monetary stimulus as "large beyond reason," but said the inflation target would remain out of reach if the central bank stuck to incremental steps.
Japan Central Bank Revamps Policy To Boost Economy
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