No account yet?
Subscription Options
Subscribe via RSS, or
 
Free Email Alert

Sign up to receive a daily e-mail alert with links to Dallas Blog posts.

New Site Search
Login
Bill DeOre
Click for Larger Image
Good News Dallas
Lifestyles
Bank of Japan May Soon Shut Down Abenomics Print E-mail
by Tom McGregor    Mon, May 26, 2014, 10:35 PM

The days of Abenomics could be nearing an end. The strategy of flooding the Japanese markets with Japanese Yen currency appears to have run its course.

According to Reuters, "The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus, taking first tentative steps towards a potentially momentous move for the world economy."

The Bank of Japan now fears a sudden onslaught of inflation in the country.

As reported by Reuters, "Current and former central bankers familiar with internal discussions say an informal debate is under way on how to prepare for an exit from the BOJ's 13-month-old "quantitative and qualitative monetary easing."

The Bank of Japan is starting to realize that Abenomics had been an abysmal failure.

To read the entire article from Reuters, link here:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Share This Story on Facebook
Comments (0)add comment

Write comment
smaller | bigger
password
 

busy
 
< Prev   Next >