Stocks Rally After Bank of Japan Overhauls Policy

September 21, 2016 7:44 AM

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Stocks Rally After Bank of Japan Overhauls Policy

Yen falls against dollar, with investors also focusing on Federal Reserve meeting

Stocks rose, the yen retreated and long-dated government bond yields rallied around the world Wednesday after Japan’s central bank affirmed its commitment to aggressive easing as it introduced a new monetary policy framework.

Also read: ECB Extends but Scales Back Stimulus, Whipsawing Markets

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