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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-11 06:42 AM
Response to Reply #8
15. BOJ chief sticks to recovery view amid euro debt worries

(Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Thursday that solid growth in emerging markets will continue to underpin Japan's economy, suggesting the central bank will stick to its forecast of a moderate recovery when its board meets next week.

But he reiterated that the BOJ will "act appropriately" by closely monitoring the economic and price outlook, a sign the central bank is ready to ease monetary policy further if risks from abroad threaten to stall the upturn.

One concern for the Japanese authorities is that the yen's persistent strength, driven by investors' flight to the safety of liquid, low-risk assets, will choke off one vital source of economic growth -- exports.

Such worries spurred plans for a joint government-central bank task force that will monitor and coordinate steps aimed at tackling the yen's strength and helping to cushion its economic impact, according to a draft plan obtained by Reuters.
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  -STOCK MARKET WATCH, Thursday, October 20, 2011 Pale Blue Dot  Oct-20-11 05:56 AM   #0 
  - Last reports of the week  Pale Blue Dot   Oct-20-11 05:57 AM   #1 
  - Weekly jobless claims fall 6,000 to 403,000  Roland99   Oct-20-11 07:41 AM   #27 
  - Four-week claims average also declines to 403,000  Roland99   Oct-20-11 07:42 AM   #28 
  - Continuing claims drop by 7,500 to 3.72 million  Roland99   Oct-20-11 07:42 AM   #29 
  - Oct. Philly Fed 8.7 vs. -17.5 in Sept.  Roland99   Oct-20-11 09:10 AM   #37 
  - Sales of existing homes fall 3% in September  Roland99   Oct-20-11 09:10 AM   #38 
  - U.S. leading indicators climb 0.2% in September  Roland99   Oct-20-11 09:10 AM   #39 
  - Oil falls below $86 amid weak US economy signs  Pale Blue Dot   Oct-20-11 05:57 AM   #2 
  - Paid $3.30 last night  Demeter   Oct-20-11 07:31 AM   #23 
     - In Johnstown Pa it is holding at $3.55 a gallon, through Pittsburgh it is $3.45  happyslug   Oct-20-11 10:18 AM   #41 
     - Changing over ....  AnneD   Oct-20-11 11:33 AM   #43 
        - They've never made a big to-do about that change  Demeter   Oct-20-11 11:37 AM   #45 
           - Depends on the Area, Pittsburgh uses a Summer blend, Johnstown does not  happyslug   Oct-20-11 01:03 PM   #49 
  - U.S. Stock-Index Futures Advance; EBay Declines, American Express May Move  Pale Blue Dot   Oct-20-11 05:59 AM   #3 
  - eBay needs to get back to its roots  Po_d Mainiac   Oct-20-11 08:47 AM   #35 
  - What happened to Festivito and the daily debt reports? n/t  DemReadingDU   Oct-20-11 06:01 AM   #4 
  - & p-o-d-mainiac? where has he been?  xchrom   Oct-20-11 06:03 AM   #6 
     - Po'd has been around, but i was thinking the same thing  Tansy_Gold   Oct-20-11 07:17 AM   #20 
  - morning -- the thought to turn on the heat occured to me this morning.  xchrom   Oct-20-11 06:01 AM   #5 
  - I turned on the heat yesterday, it's been raining and was cold.  DemReadingDU   Oct-20-11 06:19 AM   #10 
  - i'm not a fall winter person.  xchrom   Oct-20-11 06:38 AM   #13 
  - winter is the worst  DemReadingDU   Oct-20-11 06:55 AM   #17 
     - I hear ya about winter.  xchrom   Oct-20-11 07:04 AM   #18 
     - Yeah, I hate winter, too.  Tansy_Gold   Oct-20-11 07:22 AM   #21 
        - you just reminded me -- i need new shoes for the winter.  xchrom   Oct-20-11 07:25 AM   #22 
     - What is this "winter" you speak of?  Fuddnik   Oct-20-11 07:49 AM   #30 
        - 6:10 a.m. and 65 here in the shadow of the mountain.  Tansy_Gold   Oct-20-11 08:12 AM   #33 
           - You mean....  AnneD   Oct-20-11 11:31 AM   #42 
              - How is the water situation down in the heart of Texas, AnneD?  Demeter   Oct-20-11 11:38 AM   #46 
                 - It would be welcomed...  AnneD   Oct-20-11 12:43 PM   #48 
  - Michigan was flooding last night  Demeter   Oct-20-11 07:35 AM   #24 
  - That sounds like a typical summer day up heyuh! n/t  Po_d Mainiac   Oct-20-11 07:37 AM   #25 
     - there you are!  xchrom   Oct-20-11 08:34 AM   #34 
  - we finally turned off the A/C and opened the windows!  Roland99   Oct-20-11 08:06 AM   #32 
  - Markets skeptical over euro debt crisis response  xchrom   Oct-20-11 06:04 AM   #7 
  - asia: China to allow trial use of local government bonds  xchrom   Oct-20-11 06:06 AM   #8 
  - BOJ chief sticks to recovery view amid euro debt worries  xchrom   Oct-20-11 06:42 AM   #15 
  - China's stagnation not an option  xchrom   Oct-20-11 08:48 AM   #36 
  - Social housing in China No way home  xchrom   Oct-20-11 09:11 AM   #40 
  - The 1% Ain't What It Used To Be  xchrom   Oct-20-11 06:12 AM   #9 
  - Bernanke and Geithner's Printing Press Did the Job  Demeter   Oct-20-11 07:39 AM   #26 
  - Looks like the top 1% is repeating the trajectory it experienced  JDPriestly   Oct-20-11 07:55 AM   #31 
  - europe: Big British Hedge Fund Takes Aim at the States  xchrom   Oct-20-11 06:28 AM   #11 
  - Moodys Downgrades Spains Biggest Banks  xchrom   Oct-20-11 06:30 AM   #12 
  - FTSE down, investors tentative ahead of weekend summit  xchrom   Oct-20-11 06:40 AM   #14 
  - Public debt problem must be solved, says Santander chief  xchrom   Oct-20-11 07:13 AM   #19 
  - PRECIOUS-Gold flat; doubt on Europe plans weighs  xchrom   Oct-20-11 06:45 AM   #16 
  - The Confidence Fairy is Grounded Due to Unfavorable Flight Conditions  Demeter   Oct-20-11 11:35 AM   #44 
  - For all you cubicle rats......  AnneD   Oct-20-11 11:49 AM   #47 
  - "Not with a Bang, but a Whimper: Bank of Americas Death Rattle"  bread_and_roses   Oct-20-11 06:46 PM   #50 

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