Tue, 14 Feb 2012 07:42:43 GMT
Japan unexpectedly injects capital in economy
The Bank of Japan unexpectedly contributed JPY 10 trillion (USD 128 billion) to the asset purchase program and determined inflation target rate as country received criticism it does not react to economy contraction fast enough. The asset fund expanded JPY 30 million with a lending program worth JPY 35 million. BOJ set target inflation at 1.0%.