Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: bruinbirdman
"We think the Bank of Japan may have to start easing by the middle of the year," said Yamakawa.

They should start lowering now.

6 posted on 02/10/2008 4:50:01 AM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Moonman62

Well therein lies the problem. The Bank of Japan already has the rate at .50%. Lowering it 0.00% is all they can do and it may not correct the situation. After they take it to 0.00% then what?


8 posted on 02/10/2008 6:07:57 AM PST by Pamlico (Fred's the real deal)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson