|
CNBC'S MOST SHARED
- 'Twittering' One's Thumbs During Bank Robbery
- Top US States For Online Pornography
- An In-Depth Look At MLB Attendance
- Democrats Offer Healthcare Bill With Tax Hikes—And Mandates
- Why The Best Ideas Have Something Missing
- Will Obama Bounce It? You Can Bet On It
- Texting And Driving Worse Than Drinking and Driving
- Charting Oil and Sugar
- Intel Profit, Outlook Both Top Expectations; Shares Leap
- Rio Detentions Complicate China Iron Ore Negotiations
- Democratic Healthcare Bill Calls for Tax Hikes, Mandates
- Faber Report: SEC Settles with Kozlowski—Finally
- 3 Hot Stocks In An Otherwise Tepid Market
- Madoff Begins Life Sentence at Prison in Butner, NC
- US to See Slow Recovery; Inflation a Threat: Hoenig
- Yum Brands Profit Tops Forecast, But Shares Fall
- Dollar Stores: Are You Getting What You Bargained For?
- Time Warner and Comcast's Web TV Venture Gains Partners
- Intel Blows Past Earnings
- Dollar Stores: Are You Getting What You Bargained For?
- Top Bank Stock Picks — and Pans: Strategists (Pt. 2)
- Top Bank Stock Picks — and Pans: Strategists (Pt. 1)
- Buy These Discount Store Stocks: Top Analyst
- Investment Strategies Now: Bull vs. Bear Picks
- 'Twittering' One's Thumbs During Bank Robbery
- Schork Oil Outlook: 'Oil Bulls are Hanging in There by Their Fingernails'
Many Bank of Japan board members said the central bank should continue to steadily implement the various policy steps it has taken so far as financial conditions remained tight, minutes of the central bank's May 21-22 meeting showed on Friday.
![]() |
Katsumi Kasahara / AP |
One board member also said attention should be paid to movements in longer-term interest rates because they could become more volatile due to an increase in issuance of government bonds.
At the May meeting, the BOJ upgraded its economic assessment and decided to accept foreign sovereign debt as collateral for its market operations.
The central bank upgraded its economic view again at a subsequent meeting in June as rises in exports and output heightened views the worst of the recession may be over.
The fading pessimism has led to market views that the BOJ may end its unconventional steps to ease corporate funding strains, such as buying commercial paper and corporate bonds from banks, when they expire in September.
More From CNBC.com
- World Bank Raises 2009 China GDP Forecast, Still Wary
- Japan Plans Tough Laws for Moneylending Market
- This Revolution Brought to You by Twitter and YouTube
- More Asia Pacific News
It has kept interest rates on hold at 0.1 percent since December last year, when it cut them from 0.3 percent.









