World Economy

BOJ Easing

BOJ EasingBOJ Easing

The Bank of Japan’s quantitative and qualitative easing, now entering its third year, is slowly pulling the country out of deflation by boosting household assets and corporate earnings. But concern about side effects is growing, especially with consumption and capital investment still sluggish, Asian Review reported. The easing “works both in theory and practice,” BOJ Gov. Haruhiko Kuroda said.