BOJ warns economic outlook weak, affirms easy policy pledge

Bank of Japan Governor Masaaki Shirakawa said on Tuesday the central bank will continue with powerful monetary easing as the economy is likely to remain weak for the time being.

Shirakawa stuck to the central bank’s view that the economy will eventually resume a moderate recovery as overseas growth gradually emerges from a slowdown, helped in part by resilience in domestic demand.

via Business feed http://www.scmp.com/business/economy/article/1128522/boj-warns-economic-outlook-weak-affirms-easy-policy-pledge