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Bank of Japan more upbeat about economic recovery

The Bank of Japan is turning implementing an ambitious aims to stimulate economic growth, inflation and monetary policy, is more optimistic about the country's economy.
Bank of Japan ended Thursday a two-day policy meeting, chose a more upbeat language to describe the world's third largest economy.
It said in a statement that the economy "began a modest recovery."
It also said that exports picking and corporate profits improve.
The bank has in the economic stimulus plan, known as the new prime minister, Shinzo Abe (Shinzo Abe), took office last year's "Abenomics" works.
To maintain its ultra-loose monetary policy unchanged. Central bank to expand the monetary base increased from approximately 60 trillion yen (606 billion) to 70 trillion yen (about $ 707 one billion against Japanese government bonds) over two years.
 



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