Bank of Japan leaves monetary policy unchanged

JAPAN - The Bank of Japan left monetary policy unchanged on Wednesday but said that if necessary it would provide extra liquidity to secure financial market stability towards the end of the fiscal year.

Signs of improvement in the economy and a 25 per cent rally in the Nikkei 225 stock average since early February alleviated pressure on the central bank to ease policy further. The BoJ made its decision despite calls by politicians to take a more aggressive stance towards deflation.

The decision