{"id":37837,"date":"2013-04-26T01:20:26","date_gmt":"2013-04-26T05:20:26","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=37837"},"modified":"2013-04-26T01:20:26","modified_gmt":"2013-04-26T05:20:26","slug":"japan-confirms-plan-to-boost-monetary-base-60-70-trln-yen","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/04\/26\/japan-confirms-plan-to-boost-monetary-base-60-70-trln-yen\/","title":{"rendered":"Japan confirms plan to boost monetary base 60-70 trln yen"},"content":{"rendered":"<p>By <a href=\"http:\/\/www.centralbanknews.info\/\"><u>www.CentralBankNews.info<\/u><\/a> &nbsp; &nbsp; <span style=\"font-family: inherit\">The Bank of Japan (BOJ) confirmed that it plans to boost the country&#8217;s monetary base &#8211; the combination of cash in circulation and banks reserves at the central bank &#8211; by 60-70 trillion yen annually.<\/span><br \/><span style=\"font-family: inherit\">&nbsp; &nbsp; Last month the BOJ launched a new aggressive policy of &#8220;quantitative and qualitative monetary easing&#8221; to rid the country of 15 years of deflation by doubling the monetary base and buying over 7 trillion yen of Japanese government bonds a month along with purchases of real estate investment trusts (J-REITs) and Exchange Traded Funds (ETFs).<\/span><br \/><span style=\"font-family: inherit\">&nbsp; &nbsp; &#8220;At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for money market operations for the intermeeting period:&nbsp;<\/span><br \/><span style=\"font-family: inherit\">&nbsp; &nbsp;&#8220;<\/span><span style=\"font-family: inherit\">The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 60-70 trillion yen,&#8221; the bank said in a brief statement.<\/span><\/p>\n<div class=\"column\"><span style=\"font-family: inherit\"><br \/><\/span><span style=\"font-family: 'Times New Roman';font-size: 12.000000pt\"><br \/><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By www.CentralBankNews.info &nbsp; &nbsp; The Bank of Japan (BOJ) confirmed that it plans to boost the country&#8217;s monetary base &#8211; the combination of cash in circulation and banks reserves at the central bank &#8211; by 60-70 trillion yen annually.&nbsp; &nbsp; Last month the BOJ launched a new aggressive policy of &#8220;quantitative and qualitative monetary easing&#8221; &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/04\/26\/japan-confirms-plan-to-boost-monetary-base-60-70-trln-yen\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Japan confirms plan to boost monetary base 60-70 trln yen&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-37837","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/37837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=37837"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/37837\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=37837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=37837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=37837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}