Thursday, October 27, 2011

Comments………

Bank of Japan increases stimulus and keeps rates low

The Bank of Japan (BOJ) has expanded its asset purchase programme by 5tn yen ($66bn; £41bn) in a bid to boost growth. The move comes amid concerns that the European debt crisis coupled with a strong yen may hurt Japan's post-quake recovery. The BOJ also left rates unchanged at between zero and 0.1%.

Posted by mark @ 02:03 PM (3684 views)
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4 thoughts on “Comments………

  • mark wadsworth says:

    Glorious, they’ve done this every year for the past twenty and it’s never worked.

    It’s like a kamikaze pilot giving it a second go, oh, hang on…

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  • it never worked and japan actually made useful stuff to export

    perhaps we could export a few *ankers

    It seems imposiible,but I actually think this country is in a terrible terrible state and could go like greece/ireland

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  • I think someone told them they need to “make more money” and they misunderstood.

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  • general congreve says:

    @2 – You are right, just wish things would move the [email protected] along, this is getting boring.

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