BOJ keeps massive monetary stimulus intact
April 07, 2015 at 23:37 PM EDT
The Bank of Japan on Wednesday kept its massive monetary stimulus intact, as widely expected, reiterating that the world's number three economy is recovering moderately. The central bank pledged to boost its monetary base by 80 trillion yen a year, a quantitative easing program that's been in place since April 2013, in a bid to rid of deflation for good.