Bank of Japan Increases Stimulus Measures

Bank of Japan (BoJ), Japan’s central bank increases its stimulus measures to further encourage finacial institutions to lend more. The stimulus expanded to 20 trillion yen (£145bn; $220bn) an amount being offered as short-term loans for banks. However, BoJ still recognizes the pressures brought upon by deflation. BoJ encourages the uncollateralized overnight call rate to remain at around 0.1% as per the latest monetary policy meeting held today. Bank of Japan Increases Stimulus Measures is a post from: Daily World Buzz

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Bank of Japan Increases Stimulus Measures

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