Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

G7 Gives Okay To Japan To Begin Tightening I R

Recommended Posts

http://today.reuters.com/investing/finance...P-JAPAN-BOJ.XML

G7 gives free hand on policy as BOJ aims to tighten

Sun Apr 23, 2006 1:12 PM ET

Printer Friendly | Email Article | Reprints | RSS (Page 1 of 3)

By Tamawa Kadoya

WASHINGTON, April 23 (Reuters) - Group of Seven finance chiefs endorsed the monetary tightening trend of the three major economies at a meeting this weekend, giving a free hand to the Bank of Japan as it seeks to lift interest rates from zero.
The G7 said in a statement after Friday's meeting that a strong global expansion continued, supported by improved policies and "benign financial market conditions."
"That was an extremely strong declaration by central banks," a top finance ministry official of Japan's G7 delegation told reporters after the meeting.
Analysts said the outcome of the G7 meeting would not likely affect the timing of a
BOJ policy shift, seen as early as July
.

And those with IR sensitive assetts thought they had until the end of the year to unload?

Bring 'em on!

Share this post


Link to post
Share on other sites

REUTERS have repeated yesterday's big financial news as if to make sure we got the message:

http://today.reuters.com/investing/finance...-BOJ-REPEAT.XML

RPT-G7 gives free hand on policy as BOJ aims to tighten

Sun Apr 23, 2006 6:50 PM ET

Printer Friendly | Email Article | Reprints | RSS (Page 1 of 3)

(Repeats item first sent April 23)

By Tamawa Kadoya

WASHINGTON, April 23 (Reuters) - Group of Seven finance chiefs endorsed the monetary tightening trend of the three major economies at a meeting this weekend, giving a free hand to the Bank of Japan as it seeks to lift interest rates from zero
.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.