Bank of Japan – rate minutes (July 2010)

bankofjapan

Members of the Bank of Japan's (BoJ) Monetary Policy Council unanimously agreed to maintain the uncollateralised overnight call rate at a 0.1%, minutes from the July meeting, released on Friday, show.

"They concurred that, in the conduct of monetary policy, the central bank would continue to aim at maintaining the extremely accommodative financial environment," the minutes read.

Despite signs of financial recovery, the future downside risk factors, including balance-sheet adjustments in the

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