BOJ Keeps Monetary Policy Unchanged

posted on October 8, 2015

The Bank of Japan decided to keep its monetary policy unchanged at a two-day Policy Board meeting that ended Wednesday.

The nine-member board decided by a vote of eight to one to maintain the policy of increasing the country's monetary base at an annual pace of 80 trillion yen to achieve the central bank's 2 pct inflation target.

Board member Takahide Kiuchi, again, proposed lowering the monetary base growth target to 45 trillion yen, but the proposal was rejected by a majority vote.

"Japan's economy has continued to recover moderately, although exports and production have been affected by the slowdown in emerging economies," the BOJ said in a statement after the meeting, leaving its basic economic view intact.

source by newsonjapan
Next bit of japanflyness

Enjoy 180 varieties of domestic and imported craft beer in Yokohama!

Legendary foxes march around the city on New Year's Eve.

Let's bake mochi rice cake with the sacred fire, and bring good health of the year!

Sengakuji Temple, where 47 ronin are buried, holds the Festival to celebrate the anniversary of their avenge.


When Ginkgo leaves turn yellow, the festivity begins in Jingu Gaien.