Headlines News :
Home » , , , » Japan's central refrain from further monetary easing measures

Japan's central refrain from further monetary easing measures

Written By Rachid AJMAL on Tuesday, November 20, 2012 | 12:22 PM


Japan's central bank decided to refrain from providing further monetary easing measures in this November after two consecutive months of application of these procedures.

The bank said that the members voted unanimously in favor of keeping its key interest rate in a range from 0% to 0.1%.

And the bank that he intends to expand the program to buy assets 1.14 trillion dollars, while it is under increasing pressure from the government to do more to fight deflation.

The Japanese economy has achieved a 3.5% contraction in the third quarter of this year on an annual basis.
Share this article :

0 comments:

Post a Comment

 

Copyright © 2012. International Business News - All Rights Reserved
Proudly powered by Blogger