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Economy

BOJ's balance sheet almost as big as Japanese economy

Central bank to continue extraordinary easing until deflation is beaten

Bank of Japan Governor Haruhiko Kuroda remains steadfast on the bank's 2% inflation target.

TOKYO -- The Bank of Japan's assets apparently exceeded 500 trillion yen ($4.49 trillion) as of the end of May, growing to rival the country's economy as the central bank continues its debt purchases under an ultraeasy monetary policy. 

An unparalleled situation

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