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Then the Bank of Japan announced that it had further expanded its program to buy government and corporate bonds, a form of monetary easing aimed at increasing liquidity and helping to dilute the value of the yen.
The Federal Reserve expressed concern Wednesday about a "slow" recovery and weak inflation in announcing plans to buy $600 billion in Treasury bonds, a process known as quantitative easing, aimed at stimulating growth and reducing unemployment.
A two-day meeting of the bank's monetary policy committee ended Thursday with an announcement that interest rates would stay at 0.5 percent and there would be would no increase in its program of asset purchases, known as quantitative easing, aimed at pumping money into the economy for lending by banks.
The Fed's quantitative easing, aimed explicitly at lowering the interest rates of Treasuries in the 10-year range, isn't likely to extend that rally for very long, said Mohamed A. El-Erian, chief executive of Pimco, the world's largest bond manager.
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The program, known as quantitative easing, aims to increase the money supply to encourage spending and borrowing.
Put it this way: is the UK policy of quantitative easing aiming to boost the economy by making it easier for companies to borrow money and to put a floor under house prices, or is it trying to weaken sterling?
EASE aims to assess the impact of an elder-friendly surgical unit with the goal of delivering evidence-informed care to improve the quality of care to older acute surgical patients and result in optimal use of health care resources.
It said: "Under the price stability target, the bank will pursue monetary easing and aim to achieve this target at the earliest possible time".
In a joint statement with the government, the Bank of Japan said it was doubling its inflation target to 2 percent and said it would "pursue monetary easing and aim to achieve this target at the earliest possible time".
The Japanese authorities began to ease measures aimed at controlling the spread of swine flu on Friday, saying the virus was not as lethal as feared.
While some of its neighbours have been raising interest rates to control inflation and keep pace with the Fed, Indonesia is in easing mode, aiming to boost economic growth.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com