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From The Wall Street Journal

TOKYO—Japan’s central bank stunned the markets Friday by setting the country’s first negative interest rates, in a desperate attempt to keep the economy from sliding back into the stagnation that has dogged it for much of the last two decades.

The unexpected move shows the Bank of Japan’s determination to fight global headwinds that threaten to tip the country back into deflation, a damaging cycle of price falls and weakening economy.

Continue reading at The Wall Street Journal