March 26, 1998
Bank of Japan
(For immediate release)

The Bank today held a Monetary Policy Meeting, a regular meeting of the Policy Board on monetary policy.

By unanimous vote, the Policy Board decided to leave monetary policy unchanged.

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(Reference)

Started 8:30 a.m.

Members present :

Masaru Hayami ( Chairman, Governor of the Bank of Japan)
Shigeru Koino ( Appointed member )
Yasuo Gotoh (Appointed member)
Susumu Taketomi (Appointed member)
Takanobu Nakagawa (Representative of the Ministry of Finance)^*
Yasuyuki Fujishima (Representative of the Economic Planning Agency)^*
* no voting rights

Release of minutes :

2:00 p.m. on Thursday, April 30,1998