News Headline Summary

Japan Govt. to expand reconstruction budget, according to Asahi

- Bank of Japan will consider further monetary easing at Jan. 21-22 meeting.
- BOJ will consider increasing asset-purchase program by JPY 10trl.
- BOJ officials are discussing possibility of buying assets on an unlimited basis.

Reaction details:

- No immediate reaction seen in USD/JPY, trades at 88.05 (+15 pips) last.

Print 22:43, 09 Jan 2013 - Asian News - Source: Asahi