Mori hopes BOJ will maintain zero-interest-rate policy

Mori hopes BOJ will maintain zero-interest-rate policy

TOKYO, Japan - Prime Minister Yoshiro Mori speaks in an interview with reporters July 14, his 63rd birthday. In a rare direct remark by a prime minister on monetary policy, Mori said he hopes the Bank of Japan, the central bank, will maintain its zero-interest-rate policy. He cited sluggish corporate capital spending by smaller businesses, high unemployment, nonperforming assets at corporations and sluggish personal consumption.

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