Fri, Mar 08, 2013 - Page 15 News List

BOJ rejects call for early asset purchases

MOVING FORWARD:An economic strategist said it is possible the bank will hold an emergency board meeting to accelerate the process of monetary easing discussions


“But he wants to see this deflationary” tendency “exorcized” and “he’s working very, very hard to change things, and indeed the stock market has responded,” he added.

The Nikkei 225 Stock Average yesterday broke 12,000 for the first time since September 2008 before closing at 11,968.08, a gain of 0.3 percent for the day.

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