Bank of Japan Keeps Monetary Policy Unchanged
Sept. 7 (Bloomberg) -- The Bank of Japan kept monetary policy unchanged after adding 10 trillion yen ($130 billion) of stimulus last month to combat a yen near a postwar high.
Governor Masaaki Shirakawa and his policy board kept the key benchmark interest rate between zero and 0.1 percent and left its credit and asset-purchasing programs totaling 50 trillion yen unchanged. Mike Firn reports from Tokyo on Bloomberg Television's "Countdown." (Source: Bloomberg)