Bank of Japan holds off on fresh easing

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BankofJapan REUTERS People walk out from the Bank of Japan headquarters in Tokyo.

Tokyo - The Bank of Japan on Tuesday held off launching fresh monetary easing measures on the back of weak growth data, which has exacerbated fears about the economic impact of an April sales tax rise.

In a unanimous decision, the BoJ said it would keep its massive easing programme in place, while tweaking a loan scheme to banks in a bid to stimulate lending to firms and consumers. - Sapa-AFP



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