Bank of Japan Monetary Policy Meeting, 25 March

Details of the Bank of Japan's emergency monetary policy meeting held on 25 March.

Economic activity in Japan remains stagnant without clear signs of recovery in final domestic demand. At the same time, there exists substantial uncertainty about the economic outlook including prospects for overseas economies, stock market developments and progress in dealing with nonperforming loans.

Military action against Iraq started against this background. The Bank of Japan is closely monitoring how the m