BOJ to Tighten Information Controls After Probe of Possible Leak

  • Bank to limit use of communication devices during its meetings
  • Bank said no evidence found of leak of Jan. 29 discussions

Implications of Japan’s Negative Rate Policy

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The Bank of Japan said it will tighten control of information about policy decisions after questions were raised about a possible leak of officials’ discussions just before last month’s announcement on negative interest rates.

The central bank will limit the use of communication devices during meetings and request assistance from government representatives for tighter information control at policy gatherings, the BOJ said in an e-mailed statement Wednesday. The central bank didn’t find evidence of a leak of information from its Jan. 29 discussions, it said, after reviewing security-camera footage and investigating workers, executives and related government officials.