FTSE 100 charges towards 6,900 as Bank of Japan overhauls stimulus package

Published On: September 21, 2016Categories: Banks0.3 min read

European bourses have jumped at the opening bell after the Bank of Japan shifted key policies this morning to target interest rates instead of its money-printing programme.

It also recommitted to reaching its elusive 2pc inflation goal as quickly as possible. However, it held off on deepening negative interest rates or expanding asset purchases, saying the modification as aimed at resetting its stimulus programme for a protracted battle to hit the price growth goal.

About the Author: Jonathan Adams

Latest articles

Go to Top