Tokyo Office Market Update -?May 2019

At the Monetary Policy Meeting, the Policy Board of the Bank of Japan decided to clear up its policy stance about continuing with monetary easing. It stated its position for policy rates going forward. It will maintain the current low levels of short- and long-term interest rates, at least through around spring 2020 after taking into account uncertainties regarding economic activity and prices, including developments in overseas economies and the effects of the scheduled consumption tax hike.

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