Tuesday, January 22, 2013

Your 12 hourly digest for Business News, Financial News, Business Headlines & Analysis - The Washington Post

Business News, Financial News, Business Headlines & Analysis - The Washington Post
The source for business news and analysis. Covering economic policy, business policy, financial news, economic issues, stock market data, local business, technology and more.
Wonkbook: What the inaugural meant for policy
Jan 22nd 2013, 13:03

Welcome to Wonkbook, Ezra Klein and Evan Soltas's morning policy news primer. To subscribe by e-mail, click here. Send comments, criticism, or ideas to Wonkbook at Gmail dot com. To read more by Ezra and his team, go to Wonkblog.

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With 2 percent inflation target, Japan signals new strategy to end deflation
Jan 22nd 2013, 10:20

SEOUL — Japan's central bank on Tuesday doubled its inflation target to 2 percent, a main pillar in the country's drastic new strategy to break away from a two-decade economic stagnation.

The Bank of Japan's new commitment, coupled with the government's splurge of spending on public works projects, represents a controversial rethink about the way developed countries should repair their crisis-battered economies.

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