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RICHARD FARMER

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Journalist and wine maker
Articles Posted: 416  Links Seeded: 2421
Member Since: 8/2006  Last Seen: 5/16/2012

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Bank 0f Japan likely to hold extra policy meeting early next week

Seeded on Sat Aug 28, 2010 9:18 AM EDT
Read ArticleArticle Source: home.kyodo.co.jp
business, japan, economic-stimulus, bank-of-japan
Seeded by Richard Farmer
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 The Bank of Japan is considering holding an extraordinary policy meeting early next week to discuss further monetary easing that would help stem the yen's recent sharp rise, sources close to the matter said Saturday.
     By holding an emergency meeting before its regular session scheduled on Sept. 6 and 7, the central bank could show its stance on cooperating with the government to address the yen's appreciation and the country's economic slowdown, the sources said. Prime Minister Naoto Kan says he will outline fresh fiscal stimulus by Tuesday.

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