BOJ Keeps Policy Unchanged, Raises Inflation Outlooks

Tokyo, July 31 (Jiji Press)--The Bank of Japan decided to keep its monetary policy unchanged Thursday while raising its inflation outlooks. The BOJ's Policy Board at its two-day meeting from Wednesday unanimously voted to maintain the policy of guiding the unsecured overnight call rate, Japan's benchmark short-term interbank lending rate, to around 0.5 pct. The BOJ apparently determined ...

BOJ Keeps Policy Unchanged, Raises Inflation Outlooks
Tokyo, July 31 (Jiji Press)--The Bank of Japan decided to keep its monetary policy unchanged Thursday while raising its inflation outlooks. The BOJ's Policy Board at its two-day meeting from Wednesday unanimously voted to maintain the policy of guiding the unsecured overnight call rate, Japan's benchmark short-term interbank lending rate, to around 0.5 pct. The BOJ apparently determined ...