Japan Boosts Stimulus
The Bank of Japan has boosted its key stimulus measure amid concerns that Japan's economic recovery may be running out of steam.
It has extended its asset purchase programme, under which it buys bonds to keep long-term borrowing costs down, by 11 trillion yen ($138bn; £86bn).
It will also offer unlimited loans to banks to encourage lending and boost domestic demand.
Analysts said the bank may need to take further measures to spur growth.
Source: BBC. Read full article. (link)
Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time.