IMF says BOJ should continue easing policy

The Bank of Japan should maintain its current easy monetary policy until deflation is reined in, a senior official of the International Monetary Fund said Monday 4 October.

David Robinson, deputy director of the IMF's Research Department, said in a presentation in Tokyo that the central bank basically deserves credit, saying, "What the Bank of Japan has done is broadly consistent" with IMF views.

"We are very optimistic that the recovery will continue, although not at the type of pace we saw in