Wednesday, September 21, 2016

Bank of Japan tries something new

After years of failed efforts to pull Japan out of deflation, the country’s central bank is trying something different. The Bank of Japan said Wednesday that it’s introducing a new long-term interest rate target of around zero. The bank has already gon…

from http://www.wbaltv.com/money/facing-doubts-over-its-firepower-bank-of-japan-tries-something-new/41758280


via http://baltimorecheckbook.tumblr.com/post/150720343592

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