unprecedented monetary easing (by the Bank of Japan in 2013)
Abbreviation of 異次元の金融緩和. Refers specifically to the Bank of Japan's aggressive quantitative and qualitative easing program introduced in April 2013 under Governor Haruhiko Kuroda. Used in economic and news contexts.
See also: 異次元の金融緩和
In 2013, the Bank of Japan introduced unprecedented monetary easing.
異次元緩和の効果について議論が続いている。
Debate continues over the effects of the unprecedented easing.
Compound of 異次元 (different dimension) and 緩和 (easing). Coined as an abbreviation of 異次元の金融緩和 to describe the Bank of Japan's unprecedented monetary policy in 2013.