Bloomberg News

BOJ Leaves Asset Buying Unchanged After Economy Assessment Cut

December 20, 2011

Dec. 21 (Bloomberg) -- The Bank of Japan left its asset- purchase program unchanged while lowering its assessment of the economy, saying that the nation’s pick-up has paused.

The central bank’s asset-buying fund was left at 20 trillion yen, and its credit-lending program at 35 trillion yen, it said in a statement in Tokyo today. The benchmark interest rate was held at a range of zero to 0.1 percent.

To contact the reporter on this story: Andy Sharp in Tokyo at asharp5@bloomberg.net

To contact the editor responsible for this story: Chris Anstey at canstey@bloomberg.net


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