Banking, finance, and taxes
Bank of Japan Adds More Stimulus to Fight Deflation, When No One Cares
Published:
Last Updated:
Today’s increases were as follows:
Japan is aiming its fight at deflation. The bank said, “The Government and the Bank share the recognition that the critical challenge for Japan’s economy is to overcome deflation as early as possible and to return to a sustainable growth path with price stability.” It also said, “The Government strongly expects the Bank to continue powerful easing as outlined in section 2 until deflation is overcome.”
We already have looked around at the reactions to the easing. It seems that no one cares, and those that did care seemed to be disappointed, wanting more. The total came to about $138 billion or so. Unfortunately, $138 billion just is not quite what it used to be.
JON C. OGG
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.