Bank of Japan Increases APP 10 Trillion Yen to 65 Trillion

The Bank of Japan held its interest rate at 0-0.10% and added 10 trillion to it's now 65 trillion yen quantitative easing program. The Bank noted that this will mean the Asset Purchase Program will increase by about 22 trillion yen by the end of 2012, compared to the current implemented level of about 43 trillion yen. The Bank said: "Japan's economic activity has been more or less flat,...