• Reuters, Kyodo, Bloomberg

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The Bank of Japan on Friday unveiled a plan to probe more effective ways to achieve its 2% inflation target, following in the foot steps of its U.S. and European counterparts as a renewed spike in infections threatened to derail a fragile recovery.

As widely expected, the central bank kept monetary policy steady and extended by six months a range of measures aimed at easing funding strains of companies hit by COVID-19.

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