BOJ may resist pressure to ease again next week

JAPAN - After easing liquidity further at the last meeting of the BOJ, many economists expect the bank to resist calls for further easing when it meets next week.

Despite political pressure to ease further, the Bank of Japan is likely to keep monetary policy unchanged at a board meeting next week as it waits to see the impact of easing measures decided last month, Reuters reported.

The BOJ extended its 19-month old "quantitative easing" by raising the target for excess bank reserves to 15-20 tr