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2012-02-15

Bank of Japan Expands QE by approximately $130 billion

The Bank of Japan (BOJ) became the latest central bank to increase the size of its quantitative easing program at its monetary policy meeting on Tuesday.  There, the BOJ raised the size of asset purchase plan by 10 trillion yen, or approximately $130 billion, from ¥55 trillion to ¥65 trillion.  The entire amount will be earmarked for the purchase of Japanese government bonds.

More money will flow into share market and soon more QE will come from US and Europe so share market by 2nd haft will rally high and food price will sky rocket. 

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