Bank of Japan
Bank of Japan Keeps Stimulus Program; Forecasts Inflation Still At Zero
| Dino Lirios | | Mar 17, 2015 09:51 PM EDT |
As anticipated, the central bank of Japan maintained its monetary stimulus program of printing 80 trillion yen ($659 billion) annually to help fuel the market and the economy, on Tuesday at the end of its two-day policy meeting.
Bank of Japan Springs Surprise on Global Markets
| Vittorio Hernandez | | Nov 01, 2014 05:40 AM EDT |
The Japanese central bank surprised global financial markets on Friday by expanding its quantitative easing (QE) program just two days after the U.S. Federal Reserve ended its QE. Under the program, the Bank of Japan would purchase yearly $721 billion (80 trillion yen) of Japanese bonds using newly printed money.
Bank of Japan Maintains Stimulus Program, Keeps Inflation Forecast
| Marcel Woo | | Jul 15, 2014 04:29 AM EDT |
Japan's central bank, Bank of Japan (BOJ), announced during its regular news conference on Tuesday that it will maintain its vast stimulus program and hold on to its forecast that the country's inflation will hit the 2 percent target in 2015.
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