Source: http://news.yahoo.com/instant-view-bank-japan-holds-off-easing-expected-034501958.html
Tuesday, April 10, 2012
Instant view: Bank of Japan holds off on easing as expected
TOKYO (Reuters) - The Bank of Japan kept monetary policy steady, holding fire until a more thorough assessment of the economy at another rate review on April 27 that may show further action is needed to nudge inflation up towards its 1 percent target. ************************************************************** KEY POINTS: -- As widely expected, the BOJ maintained its key policy rate at a range of zero to 0.1 percent by a unanimous vote. -- Governor Masaaki Shirakawa will hold an embargoed news conference with his comments expected to come out sometime after 4:15 p.m. (0715 GMT). ...
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