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Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (17)11/19/2002 1:31:41 PM
From: Ahda  Read Replies (1) | Respond to of 594
 
Inflation of course but the deflation of the value of currency on the world market is the truth of it. Two very strong nations on one very questionable course.

Monetary Policy Meetings]

November 19, 2002
Bank of Japan
(For immediate release)

--------------------------------------------------------------------------------

At the Monetary Policy Meeting held today, the Bank of Japan decided, by unanimous vote, to maintain the following guideline for money market operations for the intermeeting period:

The Bank of Japan will conduct money market operations, aiming at the outstanding balance of current accounts held at the Bank at around 15 to 20 trillion yen.
Should there be a risk of financial market instability, such as a surge in liquidity demand, the Bank will provide more liquidity irrespective of the above target.


I sometimes wonder if people connected with the FED forget behind figures there is a force called people.
So many children come from the most financial inadequate circumstances and achieve so very much. Part of it amounts to the intense desire to do so.

Then can the rest simply be termed necessity has ever been the Mother of Invention?