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Thursday, March 11, 2010
BOJ Shirakawa: Aiming To Stimulate Demand By Keeping Low Rates
By Takeshi Takeuchi
Dow Jones Newswires
TOKYO -(Dow Jones)- Bank of Japan Gov. Masaaki Shirakawa said Friday the central bank aims to stimulate demand by maintaining a low interest-rate environment, but declined to comment on whether the central bank will take additional easing steps next week.
"The BOJ is trying to stimulate demand by keeping low interest rates," Shirakawa said in a parliamentary committee session.
Asked about the need to take additional easing steps at its two-day policy board meeting ending next week, Shirakawa declined to answer.
The BOJ meeting will be held Tuesday and Wednesday.
Copyright © 2009 Dow Jones Newswires
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