BoJ must act to stabilize markets, experts say

06/14/2013 | CNBC

Recent turmoil in the Japanese economy can be attributed to the Bank of Japan's failure to act, analysts say. "This is Japan's own doing; they had the opportunity to provide markets with a small dose of stimulus in the form of increasing asset purchases or even the maturity on fund-supply operations, and they did nothing," said Kathy Lien of BK Asset Management. Experts say leaders of the central bank could communicate better with market participants to improve confidence.

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