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BOJ restores zero-rate policy

BOJ restores zero-rate policy

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa walks off after wrapping up a press conference at the central bank's headquarters in Tokyo on Oct. 5, 2010. The BOJ decided at its policy meeting through the same day to restore its zero-interest-rate policy to prop up the nation's economy amid the appreciation of the yen.

  •  
BOJ restores zero-rate policy

BOJ restores zero-rate policy

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks during a news conference at the BOJ headquarters in Tokyo on Oct. 5, 2010, after the central bank decided to restore its zero-interest rate policy in a bid to prop up the nation's economy overshadowed by the rising yen.

  •  
BOJ restores zero-rate policy

BOJ restores zero-rate policy

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks during a news conference at the BOJ headquarters in Tokyo on Oct. 5, 2010, after the central bank decided to restore its zero-interest rate policy in a bid to prop up the nation's economy overshadowed by the rising yen.

  •  
BOJ restores zero-rate policy

BOJ restores zero-rate policy

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks during a news conference at the BOJ headquarters in Tokyo on Oct. 5, 2010, after the central bank decided to restore its zero-interest rate policy in a bid to prop up the nation's economy overshadowed by the rising yen.

  •  
Fukui expresses intention to keep very low interest rates for now

Fukui expresses intention to keep very low interest rates for now

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui listens to a media question during a press conference he held after the central bank decided to scrap the zero-interest-rate policy and raised the unsecured overnight call money rate to 0.25 percent from zero on July 14.

  •  
Fukui expresses intention to keep very low interest rates for now

Fukui expresses intention to keep very low interest rates for now

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui gives a press conference after the central bank decided to scrap the zero-interest-rate policy and raised the unsecured overnight call money rate to 0.25 percent from zero on July 14.

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Fukui's ties with Murakami Fund may affect zero-rate policy

Fukui's ties with Murakami Fund may affect zero-rate policy

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui attends a meeting of Cabinet ministers in charge of economic affairs at the prime minister's official residence on June 13. Analysts said that Fukui's acknowledgement of his investment in the fund founded by arrested financier Yoshiaki Murakami could delay the timing of ending the central bank's zero-interest rate policy.

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Hayami defends BOJ decision to scrap zero-rate last Aug.

Hayami defends BOJ decision to scrap zero-rate last Aug.

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami listens to reporters' questions at a press conference at the bank's Tokyo head office March 19. He defended the central bank against charges it erred Aug. 11, 2000, when it scrapped its zero-interest-rate policy. Hayami met the press shortly after the BOJ Policy Board decided to conduct quantitative easing of monetary policy to help turn the foundering economy around.

  •  
More monetary steps to be decided by economy trends

More monetary steps to be decided by economy trends

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami speaks at a gathering of business leaders at a Tokyo hotel March 7. Hayami reiterated that whether the BOJ will take additional measures such as reinstating its zero-interest-rate policy and implementing quantitative monetary easing will be decided in accordance with the state of the economy and price trends.

  •  
BOJ Gov. Hayami has no plans to reinstate zero-rate policy

BOJ Gov. Hayami has no plans to reinstate zero-rate policy

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami speaks to the media at the BOJ's head office in Tokyo on Jan. 23. Hayami said he does not foresee reinstating the zero-interest-rate policy, quashing speculation that the central bank is preparing to further ease its monetary stance.

  •  
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.

  •  
Hayami suggests lifting 'zero rate' policy in near future

Hayami suggests lifting 'zero rate' policy in near future

TOKYO, Japan - Bank of Japan Governor Masaru Hayami suggests April 12 that the central bank may lift its ultra-easy monetary policy sometime in the near future. Speaking at a regular press conference at the bank's head office in Tokyo, Hayami said the central bank's current zero-interest-rate policy is an extraordinary measure that should not be maintained for a long time.

  •  
Fukui's ties with Murakami Fund may affect zero-rate policy

Fukui's ties with Murakami Fund may affect zero-rate policy

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui attends a meeting of Cabinet ministers in charge of economic affairs at the prime minister's official residence on June 13. Analysts said that Fukui's acknowledgement of his investment in the fund founded by arrested financier Yoshiaki Murakami could delay the timing of ending the central bank's zero-interest rate policy. (Kyodo)

  •  
Fukui expresses intention to keep very low interest rates for no

Fukui expresses intention to keep very low interest rates for no

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui listens to a media question during a press conference he held after the central bank decided to scrap the zero-interest-rate policy and raised the unsecured overnight call money rate to 0.25 percent from zero on July 14. (Kyodo)

  •  
Fukui expresses intention to keep very low interest rates for no

Fukui expresses intention to keep very low interest rates for no

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui gives a press conference after the central bank decided to scrap the zero-interest-rate policy and raised the unsecured overnight call money rate to 0.25 percent from zero on July 14. (Kyodo)

  •  
Hayami suggests lifting 'zero rate' policy in near future

Hayami suggests lifting 'zero rate' policy in near future

TOKYO, Japan - Bank of Japan Governor Masaru Hayami suggests April 12 that the central bank may lift its ultra-easy monetary policy sometime in the near future. Speaking at a regular press conference at the bank's head office in Tokyo, Hayami said the central bank's current zero-interest-rate policy is an extraordinary measure that should not be maintained for a long time.

  •  
BOJ restores zero-rate policy

BOJ restores zero-rate policy

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa walks off after wrapping up a press conference at the central bank's headquarters in Tokyo on Oct. 5, 2010. The BOJ decided at its policy meeting through the same day to restore its zero-interest-rate policy to prop up the nation's economy amid the appreciation of the yen. (Kyodo)

  •  
BOJ restores zero-rate policy

BOJ restores zero-rate policy

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks during a news conference at the BOJ headquarters in Tokyo on Oct. 5, 2010, after the central bank decided to restore its zero-interest rate policy in a bid to prop up the nation's economy overshadowed by the rising yen. (Kyodo)

  •  
BOJ restores zero-rate policy

BOJ restores zero-rate policy

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks during a news conference at the BOJ headquarters in Tokyo on Oct. 5, 2010, after the central bank decided to restore its zero-interest rate policy in a bid to prop up the nation's economy overshadowed by the rising yen. (Kyodo)

  •  
BOJ restores zero-rate policy

BOJ restores zero-rate policy

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks during a news conference at the BOJ headquarters in Tokyo on Oct. 5, 2010, after the central bank decided to restore its zero-interest rate policy in a bid to prop up the nation's economy overshadowed by the rising yen. (Kyodo)

  •  
Hayami defends BOJ decision to scrap zero-rate last Aug.

Hayami defends BOJ decision to scrap zero-rate last Aug.

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami listens to reporters' questions at a press conference at the bank's Tokyo head office March 19. He defended the central bank against charges it erred Aug. 11, 2000, when it scrapped its zero-interest-rate policy. Hayami met the press shortly after the BOJ Policy Board decided to conduct quantitative easing of monetary policy to help turn the foundering economy around.

  •  
More monetary steps to be decided by economy trends

More monetary steps to be decided by economy trends

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami speaks at a gathering of business leaders at a Tokyo hotel March 7. Hayami reiterated that whether the BOJ will take additional measures such as reinstating its zero-interest-rate policy and implementing quantitative monetary easing will be decided in accordance with the state of the economy and price trends.

  •  
BOJ Gov. Hayami has no plans to reinstate zero-rate policy

BOJ Gov. Hayami has no plans to reinstate zero-rate policy

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami speaks to the media at the BOJ's head office in Tokyo on Jan. 23. Hayami said he does not foresee reinstating the zero-interest-rate policy, quashing speculation that the central bank is preparing to further ease its monetary stance.

  •  
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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