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Bank Of Japan Holds Key Rate; Lifts Growth Outlook

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
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The Bank of Japan retained its key interest rate following a quarter-point hike in December, and raised its economic growth outlook citing the effects of government's stimulus package.

The policy board, headed by Ueda Kazuo, voted 8-1 to maintain the uncollateralized overnight call rate at around 0.75 percent.

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