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Politics : High Tolerance Plasticity

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To: The Ox who wrote (1905)	3/19/2001 12:08:50 PM
From: Gottfried	Read Replies (1) of 23153

Michael, from WSJ >The Bank of Japan unveiled a radically new monetary policy that will focus on increasing the money supply instead of reducing interest rates. The policy is aimed at ending two years of falling prices and boosting the weak economy.<[snip] >The BOJ said that it will keep the new policy until the core consumer price index, which excludes perishables, stabilizes above zero in year-on-year terms, suggesting this policy will be in place for some time.< subscribers interactive.wsj.com Gottfried

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