BOJ Is More Upbeat About Japan’s Rebound for a Second Month
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The Bank of Japan raised its economic assessment for a second month after companies ramped up production at the fastest pace in more than 50 years.
Governor Masaaki Shirakawa and his policy board left the benchmark lending rate between zero and 0.1 percent at a meeting in Tokyo today, the central bank said in a statement. They also kept unchanged a 10 trillion yen ($125 billion) fund to buy assets such as corporate bonds and exchange-traded funds.