Japan stands pat on rates due toweak consumption
By Yuka Hayashi
The Wall Street Journal Asia
19 Jan 2007
TOKYO—The Bank of Japan’s decision to forgo an interest-rate increase shows the central bank isn’t prepared to risk derailing economic growth in its quest to abandon its extremely easy monetary policy. Financial markets had speculated until a few days... read more...
posted by Bank Report at 12:50 PM
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