• SHARE

Bank of Japan Gov. Haruhiko Kuroda has followed in the footsteps of his U.S. and European counterparts, Ben Bernanke and Mario Draghi, as he swung the central bank from incremental moves to unprecedented stimulus in his first policy meeting as chief.

The BOJ will double the monetary base by the end of 2014 through the purchase of government bonds, the central bank said, in the nation’s biggest round of quantitative easing. JPMorgan Chase & Co. said the BOJ and U.S. Federal Reserve are now “in the same camp” when it comes to monetary stimulus.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW