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BOJ under intense pressure to announce bold new moves in wake of fiscal package

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The Bank of Japan is under intense political and market pressure to announce bold monetary actions on Friday after a government announcement on Wednesday that it had planned a fiscal stimulus programme amounting to 28 trillion yen (S$361 billion) or 5.6 per cent of Japan's GDP over the next several years.

Tokyo

THE Bank of Japan is under intense political and market pressure to announce bold monetary actions on Friday after a government announcement on Wednesday that it had planned a fiscal stimulus programme amounting to 28 trillion yen (S$361 billion) or 5.6 per cent of Japan's GDP over

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