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 Continue reading
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