News Headline Summary

Japan should adopt UK style targets for Bank of Japan (2% inflation), according to Abe adviser


- The Bank of Japan should expand the monetary base by as much as JPY 60trl, which would weaken the JPY to around 100 against the USD within a year and such a move could produce an inflation rate of 1% to 2%.

28 Nov 2012 - 04:38 - Fixed Income - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: