Asia Daily Flash | 20 December 2012: More monetary easing in Japan; Korea elects conservative candidate as President; Australia: budget surplus hard to achieve in 2012/13
Published on Wednesday, December 19, 2012
Asia Daily Flash | 20 December 2012: More monetary easing in Japan; Korea elects conservative candidate as President; Australia: budget surplus hard to achieve in 2012/13
Summary
At the conclusion of its two-day monetary policy meeting today, the Bank of Japan announced an expansion of its asset purchase program by ¥10trn, to ¥101trn yen.
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BBVA Research
BBVA Research