Japan FRC head urges BOJ broad view on easing

Japan's top financial regulator on Friday urged the Bank of Japan to take a broad view in deciding whether or not to ease monetary policy, implying he favoured an easing. Hideyuki Aizawa, head of the Financial Reconstruction Commission, told news conference: "I would like to see the Bank of Japan taking a broad view in decisions, toward a monetary easing."

In the wake of a series of bankruptcies at insurance companies and lingering bad loan problems in Japan's corporate sector, there are view