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Bank of Japan's hoard of assets now bigger than the economy

Business / Economy Nov 14, 2018

Bank of Japan's hoard of assets now bigger than the economy

by Yuko Takeo

The Bank of Japan's massive asset purchase program has taken it into uncharted territory, with its ballooning holdings now larger than the country's annual economic output. Its holding reached a staggering ¥553.6 trillion ($4.9 trillion), figures released Tuesday show, compared with nominal gross domestic product ...