“Japanese Economics Minister Akira Amari warned that it would be premature for the Bank of Japan to consider an exit strategy from its massive stimulus programme, voicing hope instead for further monetary easing if achievement of its inflation goal falls behind schedule. The central bank has kept policy unchanged since deploying an intense burst of monetary stimulus in April last year, when it pledged to double base money via aggressive asset purchases to accelerate inflation to 2 percent in roughly two years. With Japan only halfway to meeting that target, the BOJ is set to keep its stimulus plan intact well into next year.”
http://uk.reuters.com/article/2014/07/11/uk-japan-economy-amari-idUKKBN0FG06V20140711
Related posts:
Criminals can’t escape the cameras
Prohibition 2.0: Marijuana Mimics Alcohol
Close monitoring of prostate tumors may make radiation, surgery unnecessary
Zurich bank cuts Cuba's last Swiss franc channel
When the Government Went After Dr. Spock
Living with Venezuela's high inflation
Mexico: Border schools adjust to influx of English-speaking students
Bombs kill 42 outside mosques in Lebanon's Tripoli after car bomb kills 24
Microsoft joins FBI in 'major assault' on one of world’s largest cyber crime rings
German army's crisis role widened
Group aims to give out free shotguns in 15 cities
Fortress’s Novogratz says bitcoin is in ‘inning 3 of a 9 inning game’
Construction and Real Estate Hinder China’s Growth
Saudis offer Russia secret oil deal if it drops Syria
Repo Market Decline Raises Alarm as New Regulations Strain Debt