Thursday, December 30, 2010
BOJ to further ease monetary policy or.
<P> Bank of Japan announced on April 12 monetary policy meeting in March revealed that many policy-makers that, in the case of deflation gradually ease further relaxation of monetary policy will be effective. .Analysts believe that within the next few months the Bank of Japan may continue to ease monetary policy. .</ P> <P> March meeting of the Bank of Japan decided to maintain the existing low level of 0.1% interest rate unchanged, the bank also decided to provide emergency loans to financial institutions to double the amount of scale. .Minutes also show that majority of the members are more optimistic about the economic outlook, saying the first half of this year, the risk of a sharp slowdown Japan's economy has subsided. .Some members also felt that if the economy can maintain rapid growth, domestic demand is likely to continue to rebound. .Number of members meeting in March, said the emergency financial institutions to loan size, will strengthen the economic and price situation improved. .</ P> <P> But the minutes also showed that the central bank to be members of men and wild Tianzhong vector sub-fields that the U.S. economic recovery is not for the further relaxation of monetary policy reasons. .Ye Tian Zhong M, said the economic outlook in a way beyond expectations, price trends and forecast the Bank of Japan in January of the same, and the financial market volatility is not unexpected, in this case is not suitable for further easing of monetary policy. .</ P> <P> analysts pointed out that with the economic recovery, increased demand for funds will eventually recover, but will continue in the case of deflation, the Bank of Japan will continue to face various requirements of the further relaxation of monetary policy pressure. .</ P>.
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