BOJ expands stimulus again amid pressure from incoming PM
The Bank of Japan eased monetary policy on Thursday by expanding its asset-buying and lending programme, a widely expected move in response to intensifying pressure from incoming premier Shinzo Abe to deliver bolder steps to beat deflation.
The central bank topped up its asset-buying and lending programme by 10 trillion yen (US$118.7 billion) to 101 trillion yen by a unanimous vote, expanding stimulus for the third time in the past four months.
via Business feed http://www.scmp.com/business/banking-finance/article/1108959/boj-expands-stimulus-again-amid-pressure-incoming-pm
No comments:
Post a Comment