Topic: Bank of Japan
Bank of Japan, under pressure, holds rates steady
AFP Global Edition
Japan's central bank, facing political pressure not to scale down stimulus measures too early, kept its super-low interest rates unchanged Tuesday, saying beating deflation was a critical challenge. The move disappointed some investors who had apparently been hoping for fresh action by the Bank of Japan to shore up ...
Japan factory output jumps, momentum in doubt
Reuters US Online Report Business News
TOKYO (Reuters) - Japan's industrial output rose for the ninth consecutive month in November, driven by strong exports and domestic subsidies, but swelling inventories and falling wages threaten to end the longest climb in more than 12 years. Demand from the United States and Asia contributed much to last month ...
Japan PM, central bank vow joint effort on economy
AFP Asian Edition
Japan's prime minister and central bank chief vowed joint action after a meeting Wednesday to boost a fragile economic recovery now threatened by a surging yen and deflation. Prime Minister Yukio Hatoyama, who has warned of the risk of a double-dip recession and plans a major new stimulus package ...
Japan central bank eases monetary policy
AP News
Strong yen, deflation prompt Japan central bank to ease policy with infusion of cheap loansJapan's central bank decided Tuesday to further ease monetary policy by massaging the economy with cheap loans amid government pressure to respond to a surging yen and falling consumer prices. In an emergency meeting, the ...
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