BOJ Unexpectedly Eases Monetary Policy Further - TOKYO (Reuters) - - TopicsExpress

BOJ Unexpectedly Eases Monetary Policy Further - TOKYO (Reuters) - The Bank of Japan unexpectedly eased monetary policy on Friday in a 5-4 vote, due to concerns that a decline in oil prices would weigh on consumer prices and delay a shift in sentiment away from deflation. The central bank decided to increase the pace at which it expands base money to about 80 trillion yen ($726 billion) per year. Previously, the BOJ targeted an annual increase of 60-70 trillion yen. The... ow.ly/2PXaQE

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