Japan bank min Kamei says BOJ bit weak at analysis

Fri Nov 13, 2009 12:42am GMT
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TOKYO, Nov 13 (Reuters) - Japanese banking minister Shizuka Kamei, a frequent critic of the Bank of Japan, said on Friday that the central bank seemed a little weak at analysing conditions behind statistics.

The Nikkei economic daily reported on Friday that the government will keep its commercial paper buying programme in place until next March or later on concern that the economy faces the risk of another recession.

For its part, the BOJ has decided to end its own commercial paper buying in December on the view that credit market conditions have improved enough for it to phase out emergency steps it put in place to deal with the global financial crisis. (Reporting by Noriyuki Hirata)

 
 
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