Split BoJ shocks markets with extra stimulus

Haruhiko Kuroda

The Bank of Japan (BoJ) sent shockwaves through the market today as it unleashed a hefty round of additional stimulus – sending the Nikkei to a seven-year high and the yen plunging.

Governor Haruhiko Kuroda won a narrow majority in a 5–4 vote that will see the BoJ expand the money supply by ¥80 trillion ($716 billion) a year, an increase of ¥10 trillion–20 trillion a year on the original stimulus unveiled last April.

It will achieve this in part by increasing its outstanding holdings of Japanese

To continue reading...

You must be signed in to use this feature.

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: