The Bank of Japan said Thursday it would increase its asset-purchase program by about 5 trillion yen ($65.8 billion), while keeping its policy interest-rate target unchanged.
The central bank said its policy board voted 8 to 1 to add the funds, with the money earmarked for buying government bonds.
“For the purpose of further enhancing the spread of monetary easing effect throughout financial markets, the bank judged it appropriate to designate [the funds] ... for the purchase of Japanese government bonds” since lending to corporations was currently “generally smooth.”
The vote to keep the interest-rate target at 0 to 0.1% was unanimous.
Despite the easing, the Bank of Japan remained relatively upbeat on the economy, saying “economic activity has continued picking up while the supply-side constraints have been gradually resolved.”
1 comentario:
y mientras tanto, igual que hizo U.S.A (por algo son amigos), el Banco de Japón sigue comprando deflación
Publicar un comentario