This is the unedited press release from Bank of Japan
At the Monetary Policy Meeting held today, 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 0.5 percent.
Voting for the action: Mr. M. Shirakawa, Mr. K. G. Nishimura, Ms. M. Suda, Mr. A.
Mizuno, Mr. T. Noda, Mr. S. Nakamura, and Mr. H. Kamezaki.
Voting against the action: None.
Policy Board members present:
Masaaki Shirakawa (Deputy Governor)
Kiyohiko G. Nishimura (Deputy Governor)
Miyako Suda
Atsushi Mizuno
Tadao Noda
Seiji Nakamura
Hidetoshi Kamezaki
Mr. Shirakawa was absent from 2:00 p.m. to 3:51 p.m. on April 8, to attend a
meeting of the Committee on Rules and Administration of the House of Councillors.
During his absence, Mr. Nishimura performed the duties of chairman pursuant to
Article 16, Paragraph 5 of the Bank of Japan Law.
Available at:
http://www.boj.or.jp/en/type/release/adhoc/k080409.pdf |
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