WHYY Newsline November 1, 2014
Spirit of halloween takes hold. Bank of japan policymakers announced theyre going to crank up their monetary Stimulus Program in a bid to hit their inflation target of 2 . Its the first time boj officials have expanded their stimulus since they launched in the april of last year. They say theyre worried they wont be able to reverse japans deflationary mindset unless they take action. The policymakers voted in favor of the move 54 at a board meeting. They say theyll ramp up their purchase of japanese government bonds. They want to expand the Monetary Base at an annual pace of about 80 trillion ...