Tuesday, May 15, 2007

UPDATE 1-BOJ seen standing pat as policy meeting begins

(Reuters) - TOKYO, May 16 - The Bank of Japan is set to scrutinise economic conditions and tame price growth at a two-day policy meeting that started on Wednesday, and analysts widely expect the central bank to keep interest rates on hold.

The meeting concludes on Thursday, hours after the release of Japan's gross domestic product figures for January-March.


Read more at Reuters.com Economic News

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