Bank of Japan to review, but maintain, easing measures

The Bank of Japan announced a review of its longstanding monetary easing measures on Friday, but said it would maintain them for the time being in the first policy decision under new governor Kazuo Ueda.

“The bank has decided to conduct a broad-perspective review of monetary policy, with a planned time frame of around one to one and a half years,” the bank said in a statement following a two-day meeting.