Bank of Japan loosens its belt another notch

There are few surprises in the central bank’s latest monetary gambit, but a faint hope that the BoJ and the government are moving towards concerted action.
<div style="text-align: left;"> Japan continues the trickle of easing, but more must be done </div>
<div style="text-align: left;"> Japan continues the trickle of easing, but more must be done </div>
October 31, 2012

Japan’s central bank ploughed on with its monetary easing yesterday, increasing the size of its asset purchase programme and setting up an unlimited loan facility to stimulate bank lending.

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