(BOJ) Announcement of the Monetary Policy Meeting Decisions March 7, 2008
March 7, 2008
Bank of Japan
At the Monetary Policy Meeting held today, the Bank of Japan decided, by a unanimous vote,[Note] to set the following guideline for money market operations for the intermeeting period: The Bank of Japan will encourage the uncollateralized overnight call rate to remain at around 0.5 percent.
[Note] Voting for the action: Mr. T. Fukui, Mr. T. Muto, Mr. K. Iwata, Ms. M. Suda, Mr. A. Mizuno, Mr. K. G. Nishimura, Mr. T. Noda, Mr. S. Nakamura, and Mr. H. Kamezaki.
Voting against the action: None.
(Reference)
Meeting hours:
March 6: 14:00-16:27
March 7: 9:01-12:48
Policy Board members present:
Toshihiko Fukui (Governor)
Toshiro Muto (Deputy Governor)
Kazumasa Iwata (Deputy Governor)
Miyako Suda
Atsushi Mizuno
Kiyohiko G. Nishimura
Tadao Noda
Seiji Nakamura
Hidetoshi Kamezaki
(Others present)
March 6
From the Ministry of Finance:
Masaki Suzuki, Deputy Vice Minister for Policy Planning and Co-ordination
(14:00-16:27)
From the Cabinet Office:
Jun Hamano, Vice-Minister for Policy Coordination (14:00-16:27)
March 7
From the Ministry of Finance:
Hiroshi Moriyama, Senior Vice Minister of Finance
(9:01-12:20,12:25-12:48)
From the Cabinet Office:
Jun Hamano, Vice-Minister for Policy Coordination
(9:01-12:20,12:25-12:48)
Release of the Monthly Report of Recent Economic and Financial Developments:
(Consisting of "The Bank's View" and "The Background")
"The Bank's View"
3:00 p.m. on Friday, March 7
Full text (Consisting of "The Bank's View" and "The Background")
2:00 p.m. on Monday, March 10 (Japanese)
4:30 p.m. on Tuesday, March 11 (English)
Release of the minutes:
8:50 a.m. on Monday, April 14
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