by Calculated Risk on 1/22/2009 01:06:00 AM
Thursday, January 22, 2009
From Bloomberg: BOJ to Consider Buying Company Bonds; Cuts Forecasts
The Bank of Japan said it ... may buy corporate bonds with a maturity of up to one year ...It sounds like Japan and the U.K are both in worse shape than the U.S.
Policy makers today slashed their forecasts for growth and signaled a return to deflation in a quarterly review of the economic outlook.
A late night thread for you all.
Posted by Calculated Risk on 1/22/2009 01:06:00 AM