BOJ defies pressure, interest rates unchanged
World BusinessOct 5, 2012
Japan's central bank has ended its latest policy meeting Friday with no change in the country's key interest rate, resisting government pressure for further easing. The Bank of Japan said in a statement Friday that it expected the world's third-largest economy to “level off” for now, with inflation at about 0 percent. In a rare move, the government's national policy minister, Seiji Maehara, told r