Muto says BOJ to keep ultra-loose policy

Bank of Japan (BoJ) Deputy Governor Toshiro Muto said on Friday 21 October that the central bank will continue to help the resurgent economy by keeping its super-loose monetary policy.

"Japan's economy has moved out of a year-long lull and is expected to remain on a gradual but long-lasting recovery track," Muto told a national convention of local credit associations, according to the Bank of Japan website.

"The BoJ will provide monetary support toward the realization of sustained economic grow

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