BOJ May Break 0.5 Pct Policy Rate Barrier
Tokyo, Jan. 25 (Jiji Press)--The Bank of Japan is on course to raise the policy interest rate past the so-called 0.5 pct barrier, unbroken for almost 30 years, if policymakers become confident that the country will achieve 2 pct inflation stably and sustainably. The central bank's board voted Friday to increase its target for the unsecured overnight call rate, the country's benchmark short-...
Tomas Kauer - News Moderator 
Tokyo, Jan. 25 (Jiji Press)--The Bank of Japan is on course to raise the policy interest rate past the so-called 0.5 pct barrier, unbroken for almost 30 years, if policymakers become confident that the country will achieve 2 pct inflation stably and sustainably. The central bank's board voted Friday to increase its target for the unsecured overnight call rate, the country's benchmark short-...
