Bank of Japan says economy is on recovery trend; Deflation persists but other data was positive including strong growth in in manufacturing
Apr 30th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Bank of Japan today said the economy is on a recovery trend but it will examine “ways to support private financial institutions in terms of fund provisioning with a view to strengthening the foundations for economic growth." The bank kept the benchmark interest rate at at 0.1%. Deflation persists but other data was positive including strong growth in in manufacturing.