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ECRI Weekly Leading Index rises
It rose 0.4 point to 120.5 in the Feb. 22 week, the Economic Cycle Research Institute said. Higher money supply and mortgage applications led the advance. But the six-month growth rate, a sort of moving average, fell to 2.1% from 2.2%.
Russia bans U.S. poultry imports
The move, effective March 10, seems to be an effort to add pressure on U.S. producers to divulge what antibiotics, preservatives and other substances are used. Ukraine has already banned such imports.
BoJ finally relents, adds liquidity
Bank of Japan Gov. Masaru Hayami had said the government needed to act. But the BoJ -- under heavy political pressure -- will up its monthly government bond buys to $7.5 bil from $6 bil.
Japan's job market deteriorates