KCSMMHZ Journal December 25, 2012
Democratic party leader shinzo abe said his new government may reach an agreement with japans central bank on an inflation target. There is speculation the central bank may come under further pressure for monetary easing measures. The dollar yen is currently trading at 84. 82 to 85. Catherine, the incoming leader abe has even mentioned revising the bank of japan law which adds more pressure onto the central bank of japan. Now, a bit of background, the boj decided last week to extend its Asset Purchase Program by 10 trillion yen, but many investors think the bank needs to do more, still. Lets g...
Source: archive.org