Japan’s central bank has surprised markets with the size of its latest stimulus package, as it tries to spur growth and end years of falling prices.
The move was seen as a clear signal by the bank’s new boss, Haruhiko Kuroda, that he was willing to spend heavily to achieve an inflation target of 2%.
The bank said it would increase its purchase of government bonds by 50 trillion yen ($520bn; £350bn) per year.
That is the equivalent of almost 10% of Japan’s annual gross domestic product.
Asa se restarteaza o economie care are moneda proprie. Deja masurile anuntate au devaluat serios yenul, ceea ce va contribui masiv la cresterea competitivitatii japoneze. Si nu pare sa ii incurce faptul ca au de departe cea mai mare datorie ca procent din GDP din lumea civilizata.