“Japan’s prime minister is likely to nominate an advocate of aggressive monetary easing – Asian Development Bank President Haruhiko Kuroda – as the next central bank governor to step up his fight to finally rid the country of deflation. The yen fell on the nomination news to a 33-month low and the yield on five-year government bonds hit a record low as markets moved to factor in bolder monetary policy. Kuroda has long criticized the BOJ as too slow to expand stimulus, and is expected to push for more radical efforts to achieve a 2 percent inflation target set in January.”
http://www.reuters.com/article/2013/02/25/us-japan-economy-boj-nikkei-idUSBRE91N0DD20130225
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The $10 Hedge Fund Supercomputer That’s Sweeping Wall Street
Payday loan: Greece raises €4bn at debt auction to help government avoid cash crunch
In Swiss City, Global Anarchists Reject Gov't Debt
Ousted Egyptian President Mohammed Morsi sentenced to death
Emails: Geithner, Treasury drove cutoff of non-union Delphi workers’ pensions
Inside Hermès: Luxury's Secret Empire
Italy’s Credit Rating Cut to BBB by S&P; Outlook Stays Negative
LAPD takes aim at wave of Asian ‘maternity tourists’
Anonymous hacking attack lands British rock guitarist in jail
Obama renewing call to reauthorize Export-Import Bank
U.S. Green Card Holders Making Choice to Halt at Door of Citizenship
Separatists chant ‘Death to Belgium’ at country’s new royal couple
Russian spokesman mocks Britain, the little island
A Shuffle of Aluminum, but to Banks, Pure Gold
N.Y. Times scraps AIPAC from Syria story