BOJ voted 8-1 to maintain policy on Oct 13-minutes

The Bank of Japan (BOJ) Policy Board voted 8-1 to maintain its policy of targeting the unsecured overnight call rate at 0.25 percent at a meeting on October 13, minutes from the meeting showed on Wednesday.

At a meeting on August 11, the BOJ decided to end its 18-month-old zero-rate policy and raised interest rates for the first time in 10 years. Since then, the central bank has stressed that it would maintain an easy monetary policy stance to support Japan's fragile recovery.