TOKYO—The Bank of Japan said it would double stock purchases and help companies get loans in response to the coronavirus pandemic, but the move failed to impress investors, who drove stocks down 2.5%.
The Japanese central bank moved a half-day after the Federal Reserve cut interest rates near zero and said it would buy $700 billion in Treasury and mortgage-backed securities.
The...
"impact" - Google News
March 16, 2020 at 05:32PM
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Bank of Japan Rolls Out Measures to Blunt Coronavirus Impact - The Wall Street Journal
"impact" - Google News
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