BOJ Statement on Monetary Policy

From or.jp

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. While overseas economies remain in a deceleration phase, they have shown some signs of picking up. In global financial markets, investors risk aversion remains abated, although developments require continued attention. Japan's economy has stopped weakening. Exports appear to sop decreasing, mainly against the ... (full story)