26 March 2002, 13:27  BOJ Voted 8-1 To Maintain Policy In Feb

The Bank of Japan's Monetary Board voted 8-1 to maintain policy at its February 7/8 meeting. As has been the pattern recently, board member Shin Nakahara again opposed policy decision. Nakahara proposed raising the current account target to Y18 trillion, adopting an inflation target and the buying of foreign bonds. Nakahara is due to step down from the policy board at the end of April.

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