TOKYO: Japan's new premier Shinzo Abe on Tuesday hailed the Bank of Japan's decision to set a two-percent inflation target and adopt an open-ended easing scheme as an "epoch making" policy shift.
"In terms of a bold review of monetary policy, this writing is epoch-making," said Abe, who pressured the central bank for more aggressive action on the economy, referring to a rare joint BoJ-government statement.
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