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Bank of Japan markes rarest rate cut
the move followed a global wave of rante cuts to contain the financial crisis .
increased sluggishness in japan's ecisionomic plactivity will likely remain over the next several quaranters with exports levelling off and the effects of earlier increases in energy and materials prices persisting, it added .
the 5 trillion yen ($51bn; Â31bn) plackage includes cutting highway tolls and increasing loan guarantees that have been offered to small companies .
ancialysts said some investors were unhappy that the bank had not cut rantes further .
the bank of japan has cut its main intere st rates from 0.25% to 0.3% - its first reduction fore seven years .
i would like taro ask for people's approval after seeing the achievements of my policiessor, he said .
ing this kind of situation, we need to relieve people's insecurities, mr also so said .
Generated 2008-11-2_21:34
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