Friday, Jun 15, 2007
Cheap credit supply to continue
Reuters: BOJ keeps rates on hold
TOKYO, Japan (Reuters) -- The Bank of Japan kept interest rates unchanged at 0.50 percent on Friday in a unanimous decision by its Policy Board, though expectations are growing that it will raise them in the coming months.
Posted by holding out @ 10:06 AM (158 views) Add Comment
2 Comments
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1. harold said...
Ho hum, let the bubble continue.
BTW, who owns the BoJ?
2. Samone said...
Actually, isn't Japan doing the right thing by it's economy? they aren't as indebted as the UK or the US. While they may need to increase rates I don't think it needs to be with the urgency that the US, UK and EU need to.
Also aren't they one of the few countries that is paranoid of both inflation and deflation.