The Bank of Japan should avoid raising interest rates until the specter of deflation has vanished, the Organization for Economic Cooperation and Development said Monday. Read the full story . . . ...full story at Japan Times
from Japan Times on Mon, Apr 07 2008
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YouTube video Bank of Japan Holds Interest Rate Steady
Japan's central bank kept its benchmark interest rate unchanged at 0.5 percent Tuesday after a two-day meeting policy meeting amid deepening concerns about slower growth in the U.S. economy, a key export market. |
| 03 Jul 07 |
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Keeping interest rates low endangers economy: Muto » Japan Times Bank of Japan Deputy Gov. Toshiro Muto said Tuesday that keeping interest rates low for too long could hurt economic growth. Read more . . . |
| 21 Mar 08 |
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OECD cuts forecasts for Japan, U.S. » Japan Times PARIS (Kyodo) The Organization for Economic Cooperation and Development on Thursday revised downward its economic forecasts for Japan and the United States for the first and second quarters of the year. Read the full story . . . |
| 28 Feb 08 |
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BOJ's Mizuno downplays rate cut » Japan Times Atsushi Mizuno, a member of the Bank of Japan Policy Board, downplayed on Thursday the need for the central bank to cut interest rates. Read the full story . . . |
| 02 Apr 08 |
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Japan No. 5 ODA donor: OECD » Japan Times Japan slipped two spots to fifth place among foreign aid donors in 2007 based on calculations by the Organization for Economic Cooperation and Development, falling at a faster pace than expected, government sources said Wednesday. Read the full story . .... |
| 24 May 07 |
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Japan to conquer deflation woes in 2008, OECD says » Japan Times Japan's economic recovery remains on track and is projected to grow 2.4 percent this year and 2.1 percent in 2008, the Organization for Economic Cooperation and Development said Thursday. Read more . . . |
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