Japan finance minister: Government to tackle reform as BOJ reboots policy framework

Reuters - September 22nd, 2016

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The BOJ on Wednesday shifted to targeting interest rates on Japanese government bonds as the focus of its massive monetary easing program, dropping its explicit target of increasing base money.

Aso said the government should not rely solely on the central bank to boost the economy and defeat deflation. The BOJ's new framework won't have an immediate impact on government bond markets, he added.

(Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)

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