Monday, December 22, 2014   

Bank of Japan holds off on monetary easing
(04-08 11:35)

The Bank of Japan stood pat on its monetary easing program as it assesses the impact of a controversial sales tax increase introduced at the start of the month.
Policymakers, who were wrapping up a two-day meeting, have stood their ground since last April.
“Japan's economy has continued to recover moderately as a trend, albeit with some fluctuations due to the consumption tax hike,'' the BoJ said in a statement.
“Private consumption and housing investment have remained resilient as a trend with improvement in the employment and income situation,'' it added.--AFP

   
Other Business breaking news:
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German consumer confidence on the rise (12-19 16:58)
BYD recovers partially after plunge (12-19 16:29)
Hang Seng finishes higher (12-19 16:28)
BOC Aviation adds two more Boeing jets to earlier order spree (12-19 14:46)
Nikkei finishes higher (12-19 14:24)
Hang Seng jumps at noon (12-19 13:02)
BoJ strikes more upbeat view on economy, holds off fresh measures (12-19 12:16)
China total GDP revised up 3.4% in 2013: govt (12-19 11:26)
Nikkei up by break (12-19 11:17)

More breaking news >>

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