BOJ to continue easing, guard against side effects: June meeting summary


Bank of Japan policymakers said the central bank should "patiently continue" its powerful monetary easing but attention must be paid to the potential side effects of prolonged easy policy, a summary of opinions at the June review showed.

Some board members said the central bank needs to keep monetary easing from severely distorting economic and financial conditions, and to make the current policy sustainable. With inflation well below the BOJ's 2 per cent target despite five years of stimulus, one member said.....

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