Colosseum a.s. (Colosseum a.s.)
Commodities  |  December 20, 2012 09:06:28

BoJ succumbed to pressure politicians and expanded quantitative easing

ColosseumJapan's central bank succumbed to pressure politicians and the third time in the past four months has expanded its program of quantitative easing. Also announced that it would consider its objectives in terms of inflation. BoJ succumbed to pressure politicians who call for unlimited quantitative easing and fiscal stimulus. Victor Shinzo Abe bank requires 2% inflation target. At the beginning of next year will be able to reorganize the composition of the central bankers. The front BoJ Governor Masaaki Shirakawa leaves and two other members. The central bank asset purchase program has expanded from 66 trillion yen to 76 trillion (903 billion USD). Loan program remains unchanged at 25 trillion yen. Interest rates remained unchanged. and # 160;

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BoJ podlehla tlaku politiků a rozšířila kvantitativní uvolňování

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