Arab Today, arab today bank of japan chief vows \bold\ monetary easing
Last Updated : GMT 22:15:54
Arab Today, arab today
Arab Today, arab today

Bank of Japan chief vows \'bold\' monetary easing

Arab Today, arab today

Arab Today, arab today Bank of Japan chief vows \'bold\' monetary easing

Tokyo - AFP

The Bank of Japan\'s new chief said policymakers would live up to market expectations for \"bold\" monetary easing, ahead of his first policy meeting since taking up the post last month. The two-day meeting, which starts Wednesday, comes as BoJ Governor Haruhiko Kuroda has repeatedly talked up his plans to stoke the economy and reverse years of deflation that has crimped private spending and corporate investment. \"It is not easy to break out of 15 years of deflation,\" he told a parliamentary committee on Tuesday. But \"it is important that we show a strong commitment to mobilising all the policy measures that the Bank of Japan has and doing everything possible, and that we explain this to markets appropriately\" to stoke growth. \"I will adopt bold monetary easing policies that would meet (market) expectations,\" he added. Kuroda\'s pledges to beat Japan\'s long-running deflation has stoked speculation that the BoJ will launch a new wave of aggressive policy measures that tend to weaken the yen, helping the country\'s exporters. The finance veteran and former head of the Manila-based Asia Development Bank also laid out a plan to hit an ambitious two-percent inflation target adopted by the bank in January, seen as more explicit than a previous \"goal\". Japan \"must achieve\" the target \"as soon as possible\", Kuroda said, adding that he was eyeing a two-year timeframe that some observers have said was unlikely given the country\'s long struggle with falling prices. Prime Minister Shinzo Abe, who took office in December, has pushed for big government spending and called for aggressive monetary easing by the BoJ to breathe new life into the world\'s third-largest economy. Markets have cheered so-called \"Abenomics\" in recent months, with Tokyo\'s benchmark Nikkei 225 index soaring while the yen weakened on forex markets.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bank of japan chief vows \bold\ monetary easing Arab Today, arab today bank of japan chief vows \bold\ monetary easing

 



Arab Today, arab today
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday