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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

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.

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

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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