Koji Ishida: inflation target is possible to achieve

Note: This section contains information in English only.
Source: RTTNews
On Monday, a board member of the Japanese Central Bank said that it is possible for Japan to achieve a target inflation rate of 2%, in case the bank continues its powerful monetary easing with measures that are targeted to boost the economy. He also said that the Japanese economy is prone to recover soon as other major economies are showing signs of improvement.
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Mon, 11 Mar 2013 12:55:04 GMT

Japanese M2 money supply grows by 2.9% last month

The Bank of Japan reported on Monday that M2 money stock gained 2.9% on year-over-year basis in February and was equal to 828.2 trillion Yen in absolute terms. The increase was higher than anticipated by analysts, which expected a slightly lower increase of 2.7%. Japanese broad money gained 2.4%, which was also more than expected.

Mon, 11 Mar 2013 19:01:05 GMT

Dow extends its gains on Friday

U.S. blue chips rose on Friday as the employment climbed more than expected and the jobless benefit applications fell surprisingly, showing growth signs in the U.S. labour market. The Dow Jones Index rose 0.5% to 14,397.07. 22 out of 30 companies posted gains in their share prices. Sectors rallying the most were consumer services and telecommunications. Walt Disney Co grew

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