Economic risk factors prompted BOJ to cut rate: Hayami

Economic risk factors prompted BOJ to cut rate: Hayami

TOKYO, Japan - Bank of Japan Governor Masaru Hayami holds a press conference in Tokyo on Feb. 9. He said the bank's Policy Board decided the same day to cut its discount rate to 0.35% from Feb. 13 due largely to the downside risk factors of the nation's economy, which continues to recover gradually albeit at a slower pace.

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