Bank of Japan holds fire on stimulus, says economy recovering | Bangkok Post: news

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Bank of Japan holds fire on stimulus, says economy recovering

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The Bank of Japan on Friday held off expanding its stimulus programme and said the world's number three economy was recovering, despite fears a sales tax rise will dent growth. 

Bank of Japan says the economy is recovering, shown here is BoJ Governor Haruhiko Kuroda speaking in Tokyo on March 20, 2014

Policymakers unanimously agreed to hold off any further measures after a two-day meeting. Investors are now awaiting a press briefing by BoJ governor Haruhiko Kuroda at about 3:30 pm local time (0630 GMT) for clues about future measures.

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