Japan’s Monetary Base Slides for First Time Since 2008: Economy
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Japan’s liquidity supply dropped in March for the first time in more than three years, fueling politicians’ complaints that the central bank should be doing more to end deflation.
The monetary base fell 0.2 percent from a year earlier after climbing 11.3 percent in the previous month, a Bank of Japan report showed today. The average amount outstanding was 112.46 trillion yen ($1.37 trillion).