The IMF is pressing Japan to raise the sales tax rate to 10% in October 2015, while also voicing support for the Bank of Japan's (HQ in pix) epic monetary injection into the economy - Reuters Photo.
TOKYO: The Bank of Japan (BoJ) left its monetary stimulus program unchanged as it settled in to gauge the impact of its first policy adjustments in nearly two years in July.
The central bank maintained its 10-year bond yield target, asset purchases and guidance on interest rates at the end of a two-day meeting yesterday.
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