• Kyodo


The Organization for Economic Cooperation and Development proposed Tuesday that the Bank of Japan be allowed to purchase foreign assets as a way to relax its monetary policy.

“With the economy weakening, and a major program of structural reforms and fiscal consolidation expected to get under way, the BOJ can and must ease monetary policy further,” the OECD said in its annual report on the Japanese economy.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.