Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
BOJ to act if needed, shouldn't underwrite JGBs-Shirakawa | Reuters

(Reuters) - Bank of Japan Governor Masaaki Shirakawa on Tuesday reiterated that the central bank will take appropriate action when necessary with an eye on developments in the economy and financial markets.

Shirakawa declined to comment on whether the government should issue bonds to finance disaster relief, but stressed that the central bank should not directly underwrite government debt.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Mar 22nd, 2011 at 07:59:02 AM EST

Others have rated this comment as follows:


Occasional Series