BOJ Sets 2% Inflation Target, Open-ended Asset Purchases
The Bank of Japan (BOJ) has adopted a 2 percent inflation target and an open-ended asset purchase program in its latest effort to boost economic growth and wrest the country from almost two decades of a deflationary slump. The BOJ’s additional monetary easing, along with a joint statement with the government, [...]
The Bank of Japan (BOJ) has adopted a 2 percent inflation target and an open-ended asset purchase program in its latest effort to boost economic growth and wrest the country from almost two decades of a deflationary slump.
The BOJ’s additional monetary easing, along with a joint statement with the government, was widely expected following intense pressure from the new government under Prime Minister Shinzo Abe which has approved fresh stimulus spending of more than … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards