At its October monetary policy meeting, the Bank of Japan announced its decision to maintain its policy of guiding the uncollateralised overnight call rate to around 1.25%. The meeting was held on the 29th and 30th.
The Bank of Japan held its monetary policy meeting on 29 and 30 October and decided to maintain its policy of leaving the target for the uncollateralised overnight call rate, the policy rate, at around 1.25%.
The decision was announced as the outcome of the meeting and maintains the level of the policy rate targeting the uncollateralised overnight call rate.