TOKYO, April 23 (Reuters) - The Bank of Japan is
considering conducting a comprehensive review of the impact of
the monetary easing steps it has taken over the longer term, the
Sankei newspaper reported on Sunday.
The central bank may start discussions as soon as at its
next policy meeting on April 27-28, which will be new Governor
Kazuo Ueda's first policy meeting since taking the helm, the
paper reported without citing sources.
At his inaugural news conference on April 10, Ueda said it
could be a good idea to conduct a comprehensive review of the
BOJ's monetary policy dating back to its prolonged battle with
deflation decades ago, though adding it was something he must
discuss with the nine-member board in reaching a conclusion.
BOJ Deputy Governor Shinichi Uchida, before assuming that
role in March, had also said the central bank could learn from
the experience of U.S. and European counterparts' year-long
review of their monetary policies.
With the global economic outlook and the durability of wage
gains uncertain, the BOJ is expected to maintain its ultra-loose
policy at the April 27-28 meeting, sources have told Reuters.
(Reporting by Leika Kihara; Editing by Susan Fenton)
Messaging: leika.kihara.reuters.com@reuters.net))
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