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FEB 08, 2013 - Business Insider

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JAPAN FINANCE MINISTER: 'The Yen Weakened More Than We Intended'

Lately, Japan has been the country with the most aggressive easy monetary policy.  This comes in its effort to stimulate the economy.  And this has caused the yen to plunge and the stock market to surge. However, Japan's leaders may have gotten ahead of themselves.  At least that's what they're saying about. Here's a quote from Japanese Finance Minister Taro Aso from Reuters: "It seems that the government's policies have fueled expectations and the yen weakened more than we intended in the move to around 90 from 78," Aso told lawmakers in the lower house budget committee. ... Read More

Tags: JAPAN FINANCE MINISTER: 'The Yen Weakened More Than We Intended',  Morgan Stanley Latest News