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
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.