Risk-averse BoJ shuns unorthodox economic measures
When the nine members of the Bank of Japan's policy board gather round a circular table on the eighth floor of the bank today for their bi-monthly meeting, they will have much to discuss.
The Japanese economy is in a downturn and deflation is accelerating. Yesterday Standard & Poor's, the US credit rating agency, downgraded Japan's sovereign debt and warned that the country's banks
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