TOKYO: The Bank of Japan maintained its massive monetary stimulus on Friday and upgraded its view on capital expenditure, encouraged by growing signs that the benefits of its aggressive policy action to escape deflation are broadening.
Showing posts with label US debt ceiling. Show all posts
Showing posts with label US debt ceiling. Show all posts
Sunday, October 06, 2013
Saturday, October 05, 2013
US government shutdown: Dollar could be the biggest loser
The first US government shutdown in 17 years is stoking speculation that the longer it lasts, the more likely the Federal Reserve will delay reducing its monetary stimulus programme, boosting emerging market currencies at the expense of the dollar.
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