Tag Archives: Bank Of Japan Expands Quantitative Easing (Again) While Economy Misses Forecasts (Again)

BusinessInsider – Toru Fujioka, Masahiro Hidaka, Bloomberg – Bank Of Japan Expands Quantitative Easing (Again) While Economy Misses Forecasts (Again) – 30 October 2012

(Lucas : the Japanese Central Bank starts the money presses again.)

Oct. 30 (Bloomberg) — The Bank of Japan expanded its asset-purchase program for the second time in two months, a move that failed to cheer investors as stocks slumped amid mounting evidence that the economy contracted last quarter.

e fund will increase by 11 trillion yen ($138 billion) to 66 trillion yen while a separate credit loan program will stay at 25 trillion yen, the bank said in Tokyo, acting hours after data showed the biggest decline in industrial output since last year’s earthquake. The BOJ will also offer unlimited loans to banks to boost credit demand. Continue reading

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