BOJ increases AP program by 10 trillion yen

By FXstreet.com,  December 19, 2012, 11:12:00 PM EDT

FXstreet.com (San Francisco) - The outcome of the two day Bank of Japan meeting came in line with expectations Thursday after the newly elected Abe ramped up pressure on the monetary policy committee, announcing an additional 10 trillion yen expansion of the asset purchase ( AP ) program to 101 trillion yen. The central bank left the overnight call rate range at 0.0% to 0.1%. BoJ says it plans to examine price stability at the next policy meeting.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks: AP



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