BOJ eases credit

BOJ eases credit

TOKYO, Japan - Bank of Japan Governor Masaru Hayami speaks to the media on the central bank's decision Sept. 18 to further ease its grip on credit in order to help quell fears of a global recession in the wake of last week's terrorist attacks in the United States. The bank will cut its official discount rate by 0.15 percentage point from the current 0.25% to a historic low of 0.10% per annum, effective Sept. 19.

BOJ cuts discount rate to 0.25%

BOJ cuts discount rate to 0.25%

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami speaks at a news conference Feb. 28. Hayami said the central bank will cut its official discount rate by 0.10 point to a record low of 0.25%, for the second time in about two weeks, to help reinvigorate the stalled economy.

BOJ eases credit

BOJ eases credit

TOKYO, Japan - Bank of Japan Governor Masaru Hayami speaks to the media on the central bank's decision Sept. 18 to further ease its grip on credit in order to help quell fears of a global recession in the wake of last week's terrorist attacks in the United States. The bank will cut its official discount rate by 0.15 percentage point from the current 0.25% to a historic low of 0.10% per annum, effective Sept. 19.

BOJ cuts discount rate to 0.25%

BOJ cuts discount rate to 0.25%

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami speaks at a news conference Feb. 28. Hayami said the central bank will cut its official discount rate by 0.10 point to a record low of 0.25%, for the second time in about two weeks, to help reinvigorate the stalled economy.