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Monetary Policy

Japan's Massive Reconstruction Tab


First came the nuclear reactor meltdown, then the financial one. The Nikkei 225 Stock Average fell a combined 16 percent on Mar. 14 and 15 as investors assessed the damage from an earthquake and tsunami that ripped through northeast Japan. The Nikkei has since recouped some of those losses. Explosions, partial meltdowns, and radiation leaks at Tokyo Electric Power

Ito is a reporter for Bloomberg News in San Francisco.
Ujikane is a reporter for Bloomberg News in Tokyo.
Otsuma is a reporter for Bloomberg News.

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