BOJ Says Ending Programs Not Precursor to Rate Rise

BOJ Says Ending Programs Not Precursor to Rate Rise

Nov. 5 (Bloomberg) -- Bank of Japan board members saidthey needed to assure investors that interest rates would staylow even after they end emergency programs to facilitatecorporate funding, minutes show.

“It was most important that the bank clearly explain itsbasic policy stance of steadily implementing measures tomaintain the accommodative financial environment,” manymembers said, according to minutes of their Oct. 13-14 meetingreleased in Tokyo today.

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