Japan may ease policy after tankan: report
SAN FRANCISCO (MarketWatch) — The Bank of Japan is even more likely to ease monetary policy at next week’s board meeting, following the release of a September tankan survey showing concern among businesses about the country’s economic outlook, according to a report published Thursday. The Nikkei business daily reported that the central bank could “boost its ceiling for the fixed-rate funds it loans to financial institutions from the current level of 30 trillion yen.” Further easing of monetary policy has been called for to help stop the yen from strengthening sharply against the U.S. dollar.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
View full post on All Stories
