Thursday, October 11, 2007

Not Much News from the BOJ

Today's meeting in the BOJ did not bring much news from the eastern shores of Asia as the overnight rate was kept at 0.5%. Relative to the mixed signals from the economic readings on August there is not much new data available apart from Ken Worsley's note that one of the leading economic sentiment indices (Economy watchers) fell for a sixth consecutive month. As for the meeting itself

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