BoJ considers "extraordinary steps" - Kamezaki

The Bank of Japan is considering "extraordinary steps" to counter 
financial-market turmoil and a deepening recession, Hidetoshi 
Kamezaki, a member of the central bank's policy board said last week.

Speaking on 25 December, Kamezaki said: "The Bank of Japan is
 committed to doing its utmost to contribute to stabilising financial
 markets. Extraordinary times demand extraordinary steps."


The central bank lowered its overnight lending rate on 19 December to 
0.1% from 0.3% and for the first tim

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