Thursday, June 14, 2007

BOJ starts policy meeting, rates seen on hold

(Reuters) - TOKYO, June 14 - The Bank of Japan looks set to
maintain interest rates unchanged at a two-day policy meeting
that started on Thursday, wanting to wait a while longer to see
if the economy has improved enough to withstand a rate hike.




Financial markets already see a rate hike by September as a
done deal, and will closely scrutinise comments by the bank's
governor, Toshihiko Fukui, for hints on how soon it will happen.


Read more at Reuters.com Bonds News

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