Profiles of Bank of Japan Policy Board members
ARTICLE - The Bank of Japan's Policy Board discussed side effects of its huge fund injection to the money market at its 26 June meeting but concluded that the struggling economy needed the easy monetary policy, minutes showed on Wednesday.
The nine-member board decided unanimously at the meeting to maintain its current policy framework, which has a target of 10 to 15 trillion yen ($86-129 billion) in the balance of current account deposits that banks hold at the BOJ.
It reiterated that it would
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