Under the abnormal circumstances of Japan's deflation, the Bank of Japan
printed a very large amount of money, to a chorus of understandable approval--this was the logical next weapon in the Bank of Japan
Like Masaru Hayami, his predecessor as governor of the Bank of Japan
, the 67-year-old Toshihiko Fukui is a veteran BOJ official who believes that printing money cannot substitute for thorough reforms.
In Japan, rumors that the Bank of Japan
was making preparations to raise its discount rate also became more widespread.
Global Banking News-December 11, 2012--Liberal Democratic Party leader of Japan calls for Bank of Japan
to play more active role(C)2012 ENPublishing - http://www.
The new Bank of Japan
governor should not hesitate to take all possible measures to fight deflation, including buying more government bonds and shares held by banks.
survey released earlier in the month by Bank of Japan
The Bank of Japan
is due to conclude its two-day monetary policy meeting on Tuesday.
In a press statement released the same day, the DIC said the Bridge Bank of Japan
would take over the obligation to fully refund deposits at failed banks which cannot find acquirers by the end of March.
An important ratings consideration will be how the Bank of Japan
and the Ministry of Finance will work with the banks to respond to capital pressures.
com's financial partners are ABN-AMRO Bank, Chinatrust Commercial Bank of Taiwan, DBS Bank of Singapore and Sakura Bank of Japan
According to Reuters, the governor of Bank of Japan
has indicated that the central bank could go in for powerful easing measures.
The Bank of Japan
(BOJ) said Friday it has provided emergency unsecured loans to Chubu Bank, which filed for insolvency proceedings the same day with the Financial Services Agency.