Bank of Japan tries something new

http://baltimorecheckbook.tumblr.com/post/150720343592/bank-of-japan-tries-something-new#_=_

After years of failed efforts to pull Japan out of deflation, the country’s central bank is trying something different. The Bank of Japan said Wednesday that it’s introducing a new long-term interest rate target of around zero. The bank has already gon…



from http://www.wbaltv.com/money/facing-doubts-over-its-firepower-bank-of-japan-tries-something-new/41758280