The Bank of Japan has launched a fresh round of monetary stimulus, echoing the US Federal Reserve and the European Central Bank by warning that slowing growth at home was being compounded by “deceleration” elsewhere.
The bolder than expected move – aimed in large part at counteracting the yen’s gains against the dollar since the launch last week of the Fed’s QE3 asset purchase programme – caught analysts and even Japan’s finance minister by surprise.
“The BoJ took more action than we anticipated,” Jun Azumi, finance minister, said after the announcement.
您已閱讀38%(558字),剩餘62%(916字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。