Marketplace Morning Report for Friday October 31, 2014
A breathtaking surprise—without warning—Japan's central bank dramatically increased its stimulus. The Bank of Japan will now buy another mountain of government bonds to pump cash into an economy that's been drooping for decades. The key stock index in Tokyo, the Nikkei, went up four point 8 percent today. That's a seven year high and is like the Dow going 825 points in a single day. More on that. And in honor of Marketplace's 25th anniversary this year, we're looking at some of the surprising ways prices have changed over the last quarter century. So naturally we looked at the cost of going to college. Tuition and fees at public universities have risen more than 185 percent adjusted for inflation since we first went on the air. But that's just part of the story.
A breathtaking surprise—without warning—Japan’s central bank dramatically increased its stimulus. The Bank of Japan will now buy another mountain of government bonds to pump cash into an economy that’s been drooping for decades. The key stock index in Tokyo, the Nikkei, went up four point 8 percent today. That’s a seven year high and is like the Dow going 825 points in a single day. More on that. And in honor of Marketplace’s 25th anniversary this year, we’re looking at some of the surprising ways prices have changed over the last quarter century. So naturally we looked at the cost of going to college. Tuition and fees at public universities have risen more than 185 percent adjusted for inflation since we first went on the air. But that’s just part of the story.
