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Quantitative Easing, Japan
Japan’s central bank expanded its quantitative easing program in October, swelling Japan’s monetary base by around 80 trillion yen (US$682.9 billion) per annum. The BOJ was expected to cut its consumer price index forecasts to 1.5 per cent when it wraps up its two-day meeting Wednesday, according to local media reports. Japan, QE The latest…
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Japan Housing Starts: Nov 2014
According to a report released by the Ministry of Land, Infrastructure, Transport and Tourism on December 25, 2014, Japan’s housing starts in November 2014 were 78,364 units, down 14.3 per cent from the same month in the previous year, recoding a decline for nine consecutive months, according to Japan Lumber Journal Thursday. Compared to November…
