Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
Business

BOJ announces further monetary easing to tackle deflation

English.news.cn   2012-10-30 15:06:38            

TOKYO, Oct. 30 (Xinhua) -- The Bank of Japan on Tuesday decided to further ease its monetary policy for the second straight month to tackle deflation that has long troubled the nation's economic recovery.

The central bank's Policy Board voted unanimously to expand its asset purchase program by 11 trillion yen (138 billion U.S. dollars) to 91 trillion yen, while keeping its key short-term interest rate stable at around zero to 0.1 percent.

Editor: Yang Lina
分享
Related News
Home >> Business            
Most Popular English Forum  
Top News  >>