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BOJ's inflation target remains elusive with flat February data
Financial markets expect further monetary easing to stimulate spending and price rises
Published Fri, Mar 27, 2015 · 09:50 PM
Tokyo
BANK of Japan governor Haruhiko Kuroda's 2 per cent annual inflation target for the Japanese economy appeared to be far off on Friday when it was revealed that the core annual rate of price increase had fallen to zero in February.
The central bank's options for remedying the situation are diminishing rapidly, analysts said.
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