BOJ sets up panel to check accuracy of statistics

The Bank of Japan is to set up a committee to examine the central bank's statistics for accuracy. The BOJ acknowledged July 25 that its monthly data on the outstanding balance of CP underwritten by banks were incorrect and would be corrected by mid-August.

Source: Japan Today

The Bank of Japan (BOJ) said Monday it has set up an ad hoc committee to study whether statistics compiled by the central bank are accurate.

The BOJ took the step after it acknowledged on July 25 that its monthly data on th