Japan holds fire on new easing measures, says economy improving | Bangkok Post: news

News > World

Japan holds fire on new easing measures, says economy improving

- +

The Bank of Japan on Wednesday held off expanding its monetary easing campaign and said the world's number three economy was picking up pace, despite fears that a sales tax rise will dent consumer spending. 

An employee of Japan's Fuji Heavy Industries is seen working on its Subaru brand cars on the assembly line at Yajima plant in Ota, Gunma prefecture, on January 9, 2014

Policymakers dropped the word "deflation" from their post-meeting statement after unanimously agreeing to keep the central bank's stimulus programme unchanged following a two-day meeting -- a possible signal that efforts to conquer years of falling prices could be paying off.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments