Bank of Japan eases

Bank of Japan Expands Quantitative Easing

April 27, 2012

After a one-day meeting lasting three hours and 42 minutes, the Bank of Japan announced a smaller net 5.0 trillion yen expansion of its Asset Purchase Program than many analysts had expected and hoped to see.  Compositional changes also were unveiled that will lengthen the maturity of the asset portfolio and put additional downward pressure […] More