At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan 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 overnight call rate to remain at around 0 to 0.1 percent. Overeas econiomies have shown some, albeit moderate, improvement, but on the whole still have not emerged from a deceleration phase. In global financial markets, some nervousness continues to be seen mainly due to concern about the European debt problem. Particular attention should therefore be given to ... (full story)