Japan Just Boosted QE And The Nikkei Exploded To A 7-Year High

By Mike Bird

Nikkei

The Nikkei closed up 4.83%, hitting a seven-year high after the Bank of Japan (BoJ) unexpectedly announced it was expanding its monetary easing policy Friday morning.

In a tight vote, the BoJ backed an 80 trillion yen ($720 billion) target for expanding the monetary base (a measure of the amount …read more

Source:: Business Insider

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