Monday 3 November 2014

Bank of Japan expands monetary easing plan as economy slows

POLITICAL ECONOMY
Bank of Japan expands monetary easing plan as economy slows
Tokyo (AFP) Oct 31, 2014 - The Bank of Japan ramped up its vast monetary easing programme Friday - sending the yen plunging and stocks soaring - in a surprise move aimed at reviving growth just as the Federal Reserve winds down its own stimulus spree. Speaking after the central bank wrapped up its latest policy meeting, BoJ chief Haruhiko Kuroda said the fresh measures were crucial to keeping Japan on track in its w ... more


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