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Japan's Aso: right for BOJ to stick with its expanded QE
June 18, 2013 / 12:52 AM / 4 years ago

Japan's Aso: right for BOJ to stick with its expanded QE

Japan's Deputy Prime Minister and Finance Minister Taro Aso smiles as he adjusts his headphones during a seminar at the Asian Development Bank's (ADB) 46th annual board meeting in Greater Noida, on the outskirts of New Delhi May 3, 2013. REUTERS/Adnan Abidi

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday he thought the Bank of Japan made a correct decision in sticking with its expanded quantitative easing and said he doubted that market participants expect the central bank to ease policy further.

Aso, speaking to reporters, said a statement from a Group of Eight leaders’ summit shows that understanding of Japanese Prime Minister Shinzo Abe’s policies, dubbed “Abenomics,” is spreading to other countries.

Reporting by Stanley White; Editing by Shri Navaratnam

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