Japan loosens monetary policy

JAPAN - The Bank of Japan (BoJ) has decided to make borrowing money cheaper as the weight of huge bad debts and sliding prices continues to cripple the country's domestic economy.

After a majority vote, the BoJ is trying to put more money into circulation to allow hard-pressed banks to lend more.

Other countries might use a cut in interest rates to encourage lending. But Japan's short-term interest rates are already at zero, after an aggressive loosening of policy in March.

Instead, the BoJ is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.