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BOJ keeps easy policy stance in face of global uncertainty
Oct 22nd 2012, 06:29

TOKYO (Reuters) - Bank of Japan Governor Masaaki Shirakawa on Monday stressed the central bank's resolve to maintain its ultra-easy monetary policy because of global economic uncertainty, keeping alive expectations of further stimulus to support the fragile economy. However, he gave few clues as to whether the BOJ would ease as soon as an October 30 policy review, and reiterated the central bank's view the economy would resume a moderate recovery. "Global economic uncertainty remains high, and we must be vigilant to the effect of financial and currency moves on the economy and prices," Shirakawa said in a speech at a quarterly meeting of the central bank's regional branch managers. "The BOJ...

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