BoJ holds its key policy rate steady at 0.1%, as expected, and rolls out a ¥3T ($32.8B) lending...

|By:, SA News Editor

BoJ holds its key policy rate steady at 0.1%, as expected, and rolls out a ¥3T ($32.8B) lending program to spur economic growth. Analysts are skeptical, as "there is already an abundance of available liquidity, which has failed to translate into strong credit growth primarily because of sluggish demand."