Stimulus

By |2014-10-31T12:07:51-04:00October 31st, 2014|Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

Under the headling, Kuroda Surprises With Stimulus Boost as Japan Struggles, is the following summation: Today’s decision comes almost 19 months after Kuroda unleashed his initial asset-purchase plan, with the intention of doubling the monetary base. That move similarly drove up stocks and undercut the yen. Since then, a more competitive exchange rate has triggered higher corporate earnings, and asset-price [...]