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.
by RTT Staff Writer
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