July 28, 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 majority vote, the Policy Board decided to leave monetary policy unchanged.

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(Reference)

Started 9:00 a.m.

Members present :

Masaru Hayami ( Chairman, Governor )
Sakuya Fujiwara ( Deputy Governor )
Yutaka Yamaguchi ( Deputy Governor )
Yasuo Gotoh
Susumu Taketomi
Toshio Miki
Nobuyuki Nakahara
Eiko Shinotsuka
Kazuo Ueda

( Others present )
From Economic Planning Agency:Eiji Kawade, Co-ordination Bureau Director General ( from 9:00 a.m. )

Release of minutes :

2:00 p.m. on Monday, September 14, 1998