Nikkei falls in directionless trade, post-BOJ gains erased by profit-taking
TOKYO, Jan 22 (Reuters) - The Nikkei share average edged down on Tuesday in directionless trade after it erased gains made immediately after the Bank of Japan set a 2 percent inflation target and made an open-ended commitment to buy assets. The Nikkei shed 0.4 percent to 10,709.93 after jumping to as high as 10,859.42 after the BOJ's outcome. The broader Topix slipped 0.4 percent to 901.15.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.