October 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.

---

(Reference)

Meeting hours : 9:00 a.m. to 1:55 p.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 Ministry of Finance:Toshirou Mutou, Deputy Vice Minister for Policy Co-ordination ( from 9:00 a.m.)
From Economic Planning Agency:Eiji Kawade, Co-ordination Bureau Director General ( 9:00 a.m. to 11:58 a.m.)

Release of minutes :

2:00 p.m. on Wednesday, December 2, 1998