In a surprise move given all the recent congratulatory bullshit from Abe and Kuroda on breaking the back of Japan’s deflation and bring about recovery (forgetting to mention record high misery index, surging bankruptcies and a crushed consumer), the Bank of Japan (by a 5-4 vote) raised its bond-buying program from JPY 70 trillion to 80 trillion… and increases its ETF buying to JPY 3 trillion.
Published in TZ Latest News 30 October, 2014 by The TZ Newswire Staff
Markets Explodes As Bank Of Japan Goes All-In-er; Increases QQE To JPY 80 Trillion
Published in TZ Latest News 30 October, 2014 by The TZ Newswire Staff
Markets Explodes As Bank Of Japan Goes All-In-er; Increases QQE To JPY 80 Trillion
In a surprise move given all the recent congratulatory bullshit from Abe and Kuroda on breaking the back of Japan’s deflation and bring about recovery (forgetting to mention record high misery index, surging bankruptcies and a crushed consumer), the Bank of Japan (by a 5-4 vote) raised its bond-buying program from JPY 70 trillion to 80 trillion… and increases its ETF buying to JPY 3 trillion.