Global sell-off continues
Government requires 'boldness' to overcome long-term challenges
Global markets also on the rise
Outflows reached record $1trn last year
Markets across the world respond well to 0.25% increase
Further yen weakness has helped Japan's Nikkei 225 index pass the 19,000 mark for the first time since 2000.
Brent crude oil has fallen to more than a two-year low following a thinktank's move to cut its forecast for global oil demand, while markets were muted overnight ahead of a pivotal US Federal Reserve meeting.