“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:
Walmart Rejects Apple Pay For Rival Payments Service
Man, 28, and stepdaughter, 21, not biologically related, face jail for incest
Woman sues officers for seizing $31,000 cash from real estate sale
Global Immigrants Send $500 Billion Back Home
Grand jury indicts police officer who killed unarmed man seeking help
Trump 'Strongly' Favors Imposing Online Sales Tax, Mnuchin Says
Controversial 'naked' airport body scanners to be scrapped in Europe, U.K.
City of Berkeley fights U.S. civil action against marijuana dispensary
Would you download a car? Man 3D prints life-size Aston Martin DB4
Meet the Weeds That Monsanto Can't Beat
18 different minimum wages in American Samoa, 30% jobless rate
U.S. Fed's Kocherlakota says interested in bitcoin
Love it or hate it, bitcoins are a national craze
The Men Who Owned Bitcoin.com
John Kerry: Syria war no time for 'armchair isolationism'