JAPAN PRESS: Signs are growing that the BOJ will further expand monetary
easing measures to help stem domestic deflation, The Yomiuri Shimbun
reported. Citing unnamed financial sources, the report said the central
bank will consider boosting the scale of fund supplies for its new type
of open market operations – introduced in December – beyond the current
cap of Y10 trillion, when its Policy Board meets Tuesday and Wednesday.
There are indications the meeting will study the feasibility of
extending the current three-month period of the liquidity-bolstering
loan facility, the report said.