Hayami says BOJ to maintain loose monetary policy

Hayami says BOJ to maintain loose monetary policy

Bank of Japan Governor Masaru Hayami says in Tokyo on June 30 the central bank will leave its easy monetary policy unchanged as the prospects for a quick self-generating economic recovery remain grim. ''We will maintain our current, boldly easy money policy until we reach the stage where fears about deflation are wiped away,'' he told the House of Representatives' Finance Committee.

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