Tokyo
TOKYO • The Bank of Japan (BOJ) yesterday ramped up its emergency monetary easing and cut growth forecasts for the world's third-largest economy, as the coronavirus pandemic ravages the globe. After a meeting, shortened from two days to one, the central bank said it would shift to unlimited government bond buying and more than double its capacity to purchase corporate bonds and commercial papers - a move to support Japan Inc's financing as the country grapples with fallout from the virus. The announcement comes as central banks around the world revert to ext...
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