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Re: 3xBuBu post# 65553

Sunday, 03/13/2011 9:58:52 PM

Sunday, March 13, 2011 9:58:52 PM

Post# of 72979
Governor Masaaki Shirakawa told reporters late yesterday he’s ready to unleash “massive” liquidity, and the BOJ said today it will pump 7 trillion yen ($86 billion) to maintain financial stability. Economists said officials will likely decide to keep longer-term credit programs at a total of 35 trillion yen. The bank’s main interest rate has already been cut to near zero as policy makers last year sought to end the nation’s deflation.
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