At the Monetary Policy Meeting held today, the policy board of the Bank of Japan decided by a 8-1 majority vote to enhance the monetary easing by increasing the total size of the Asset Purchase Program by about 5 trillion yen, from about 50 trillion yen to 55 trillion yen. The increase in purchase is designated for the purchase of Japanese Government Bonds. The policy board also decided by a unanimous vote to set the following guideline for money market operations for the intermeeting period: The Bank of Japan will encourage the uncollateralized Call Rate to remain around 0.00% and 0.10%. Japan's economic activity ... (full story)