Japanese Finance Minister Jun Azumi reportedly said Tuesday that he believes the Bank of Japan will take "appropriate" policy measures amid difficult economic conditions both at home and abroad.
The Policy Board of the BoJ will begin its two-day monetary policy meeting on Tuesday. The bank is widely expected to leave its policy unchanged this time.
The central bank eased monetary policy in February and April, in order to fight deflation and boost economic growth.
The BoJ forecasts 2.3 percent growth for Japan's economy in fiscal 2012 and 1.7 percent expansion in 2013.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.