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Back to Home » October 2010 News » Japan's central bank cuts key rate to around zero |
Japan's central bank cuts key rate to around zero |
October 05, 2010
By TOMOKO A. HOSAKA
2010-10-05T06:14:03Z
TOKYO (AP) -- Japan's central bank cut its key interest rate to virtually zero Tuesday and said it may set up a $60 billion fund to buy government bonds and other assets in a surprise move to inject life into a faltering economy....
Source URL: http://hosted.ap.org/dynamic/stories/A/AS_JAPAN_CENTRAL_BANK?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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