Arab Today, arab today boj set to ease monetary policy
Last Updated : GMT 15:33:42
Arab Today, arab today
Arab Today, arab today

BoJ set to ease monetary policy

Arab Today, arab today

Arab Today, arab today BoJ set to ease monetary policy

Tokyo - Arabstoday

The Bank of Japan is likely to ease monetary policy on Friday by boosting asset purchases by up to ten trillion yen (Dh451 billion) and in doing so may extend the maturity of government bonds it targets to around three years, according to sources familiar with the central bank\'s thinking. The action, which would be the central bank\'s second easing in just over two months, would serve to show the BoJ\'s determination to overcome deflation and reach the one per cent inflation target adopted at its February meeting. The central bank has been under constant pressure from politicians to do more to rev up the world\'s third biggest economy, and BoJ policymakers have signalled their readiness to provide more stimulus. But there is no consensus yet within the central bank on whether it should increase its 30 trillion yen asset-buying programme by the usual five trillion yen increment, or by double that amount — as it did in February — for greater market effect. If it were to opt for a bigger increase, the BoJ may also extend the maturity of government bonds it buys under the programme to around three years from the current two-year duration, said the sources who spoke on condition of anonymity. What appears to be certain is that the BoJ will ease on Friday. But there seems to be various views on by how much, so that will be a close call,\" one of the sources said. The BoJ now pledges to meet the 30 trillion yen target for asset purchases by the end of this year, but may extend that deadline by about six months if it were to boost the programme, the sources said.

arabstoday
arabstoday

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 boj set to ease monetary policy Arab Today, arab today boj set to ease monetary policy

 



Arab Today, arab today

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 boj set to ease monetary policy Arab Today, arab today boj set to ease monetary policy

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Girl barred from Malaysia chess competition

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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