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A fountain of yen

机译:日元的源泉

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摘要

No, say the Japanese authorities, policy has not changed. Speculation that the Ministry of Finance's buying of dollars on an enormous scale might be ending had pushed the yen up sharply in the week beginning March 15th; denial brought some respite. And on March 23rd Toshihiko Fukui, the governor of the Bank of Japan, restated the central bank's commitment to "quantitative easing"-ie, flooding the money markets with yen until inflation turns positive and looks like staying that way.
机译:日本当局说,不,政策没有改变。外界猜测日本财政部正在大规模停止购买美元,这使得从3月15日开始的一周里日元急剧上涨。否认带来了一些喘息的机会。 3月23日,日本央行行长福井俊彦重申了日本央行对“量化宽松”的承诺,即用日元充斥货币市场,直到通货膨胀率转为正值,并保持这种状态。

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