Bank of Japan eases monetary policy further

JAPAN - The Bank of Japan on Wednesday unanimously decided to further ease its monetary policy for the first time in eight months, in a bid to complement the government's "anti-deflation" package, also released today.

The BoJ said it would increase its purchases of long-term Japanese government bonds to Yen1,200bn, from Yen1,000bn and increase the current account deposits target to between Yen15,000-Yen20,000bn, from a current range of Yen10,000-Yen15,000bn, Reuters reported.

Though some

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: