Here’s something nice to read:
http://money.cnn.com/2008/08/19/news/international/japan_central_bank.ap/index.htm?postversion=2008081906
Abstract:
The central bank of Japan has kept their interest rate at 0.5% admist the nervousness surrounding the slowing economy. Japan’s economy has been affected by various factors such as volatile financial markets and escalating prices, but these have been deemed as only temporary. These factors have increased inflation, but stagflation is [...]
Continue reading about Bank of Japan leaves rates unchanged! »
