Fed – What do Japanese and Britons?
For years, the Bank of Japan (BoJ). It already buys government bonds since 1989, until December it increased the volume of 1,200 billion yen 1,400 billion yen (10.9 billion euros). On Wednesday, the BoJ announced that the volume again to 1800 billion yen to expand monthly. As a particularly successful is the monetary policy of the Japanese do not: For years, the country suffers under poor growth and stagnant prices.
In the wake of the credit crisis was the Bank of England (BoE), the first central bank, the buying government bonds. The volume is 75 billion pounds. First reactions exist: The British government bond prices ( “Gilts”) presented significantly.