Bank of Japan expands stimulus programme

City A.M. Reporter
The Bank of Japan boosted stimulus for the second consecutive month today, to support its sagging economy.

The central bank increased its asset buying programme by 11 trillion yen (£85.86bn) to 91 trillion yen, which was broadly in line with expectations.

It marks the first time since 2003 that the central bank has eased policy for two months in a row.