SUBSCRIBERS
Potential road bumps for pound, yen and dollar
Add BT as a preferred sourcePublished Sun, Aug 14, 2016 · 09:50 PM
JAPAN has embarked on policy measures to address its weak inflation and GDP growth.
On the monetary side, the Bank of Japan (BOJ) has pledged to double its annual purchase in exchange-traded funds to six trillion yen (S$879.7 billion) while keeping interest rates steady.
On the fiscal side, the Japanese cabinet has approved 13.5 trillion yen in fiscal stimulus.
Copyright SPH Media. All rights reserved.
