Bank of Japan kept its target rate at 0.1%, as expected, but upgraded its economic outlook for...

|By:, SA News Editor
Bank of Japan kept its target rate at 0.1%, as expected, but upgraded its economic outlook for the first time in three years. A rebound in global demand could mean Q1's record contraction marked the worst of the recession, bank says. BoJ will begin accepting foreign bonds as collateral. (BoJ statement (.pdf))