Japan paying ‘particular attention’ to Europe but holds rates


The Monetary Policy Board at the Bank of Japan today (June 15) announced it had unanimously decided to leave its benchmark interest rate at 0–0.1%.

The central bank said "particular attention" was being paid to developments in the European markets "for the time being", suggesting their stance might change as a result of events such as the upcoming Greek elections.

Political pressure had been mounting on the central bank to introduce more stimulus, but the policy board opted against it, noting so

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