Japan government piles pressure on BOJ ahead of October 30 meeting
News On Japan via Reuters -- Oct 23
Japan's government piled fresh pressure on the central bank to expand monetary stimulus on Tuesday, as the economics minister said he wanted to attend a rate review meeting next week to reiterate a call for bolder action to bolster an economy wounded by both the global slowdown and a diplomatic row with China.
Facing growing heat, the Bank of Japan is leaning toward easing at the October 30 meeting, according to sources familiar with its thinking, with policymakers discussing additional steps that could come together with a further increase in its asset buying scheme.
Economics Minister Seiji Maehara said on Tuesday he hopes to take part in next week's BOJ policy meeting unless it conflicts with any essential duties as minister.
城島財務大臣は、日銀が今月３０日に開く金融政策決定会合を前に、追加の金融緩和に向けて期待感を示しました。
Source: Reuters
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