Bank of Japan
to release monthly report on economic and financial developments for October.
In August 2000, the Bank of Japan
ended its zero-interest-rate policy and raised its call-money-rate target.
But it is the duty of the political world, which is responsible for maintaining stability in people's lives, to treat the appointment of the Bank of Japan
governor and the issue of budget deliberations as entirely separate matters.
The Bank of Japan
reduced interest rates to zero by increasing the monetary base, the aggregate of bank notes outstanding and current account deposits by banks.
1 point lower than a month earlier because of expectations the Bank of Japan
will continue to supply ample funds to the money market in its bid to underpin the economy.
Americans place more than 50 percent of their financial assets in stocks and other securities, according to Bank of Japan
Percival Stanion comments: "It is by no means certain that the Bank of Japan
will raise rates, anything they do is likely to be modest, and if they do raise rates they are most likely to act ahead of Mr Koizumi's hand over in September to the new Prime Minster, in order to maintain a period of stability during the transition.
A top banker with Bank of Japan
has said that the bank has the tools to exit its monetary stimulus measures, Reuters has reported.
In New York, yen-selling was spurred by speculation of further monetary easing by the Bank of Japan
M2 EQUITYBITES-September 21, 2011--Development Bank of Japan
to inject another JPY50bn into Tohoku Electric(C)2011 M2 COMMUNICATIONS http://www.
BANKING AND CREDIT NEWS-August 9, 2011--Development Bank of Japan
wins AA rating on series 17 bonds from R&I(C)2011 M2 COMMUNICATIONS http://www.
Global Banking News-October 18, 2010--Central bank of Japan
says recovery may be further delayed(C)2010 ENPublishing - http://www.