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Transcripts For CNBC Worldwide Exchange 20121220

Assets by another 120 billion. Boj says it will discuss raising its inflation target next month. Tech stocks fall in europe after ericsson unveils a swedish crown writout related to its loss chip venture. Reports say the intercontinental call is in talks to buy euro next. And vows to continue the current governments battle against japanese territorial claims. Japans central bank has decided to extend its Asset Purchase Program to 120 billion. It will review the banks stance on price stability next month. Abe has been putting pressure on the boj to raise its inflation target to 2 as part of efforts to fight deflation. For more on the fallout or the impact here, lets talk to luca from asia pacific. You look like youre in mourning here, but it sounds like the bank of japan has delivered pretty much what the market was looking for the. Yes. It was delivered in order to be seen as losing independence after the campaign, very Aggressive Campaign from the ldp party on the bank of japan indepe

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