Bank of Japan holds off fresh easing measures

Another wasted opportunity by BOJ. And Yen appreciated, adding to Japan's difficulties.

Pretty much since July 07, the Yen v US exchange has been on downward slope, ex July 07, we were looking at roughly $1 US = 118 yen, today.. around 78. And I'm visiting Japan in 2 weeks.. crapola

I fail to understand how throwing money at banks/investment firms to continue gambling and companies to manufacture things when people spending is shrinking is going to do anything...

If the dead cat didn't bounce the first time, it won't be bouncing the second time.

Next step, negative interest rate? Cash back a la Aso?