Japanese interest rates held at 0.25%

At the Monetary Policy Meeting held 19 Jan, the Bank of Japan decided, by majority vote, to maintain the uncollateralized overnight call rate at an average of around 0.25%.

Meeting hours : 9:00 a.m. to 4:08 p.m.

Members present :

Masaru Hayami ( Chairman, Governor )*Sakuya Fujiwara ( Deputy Governor )Yutaka Yamaguchi ( Deputy Governor )Susumu TaketomiToshio MikiNobuyuki NakaharaEiko ShinotsukaKazuo UedaTeizo Taya

( Others present ) From Ministry of Finance: Seiichiro Murakami, Senior Vice Minis

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