The Bank of Japan reviewed its rate of interest management operation on the financial coverage choice assembly held for 2 days till the twenty eighth, and the higher restrict of the fluctuation vary of long-term rates of interest, which has been about 0.5% thus far, might exceed 0.5% relying on market tendencies. We accepted it and determined to function rate of interest manipulation extra flexibly.
Bank of Japan Governor Ueda will maintain a press convention at 3:30 p.m. to clarify the aim of this choice.
Here is a fast report on Governor Ueda’s remarks on the press convention.