NIIGATA (Kyodo) A Bank of Japan Policy Board member said Wednesday the BOJ shouldn’t have any preset idea on whether to end its unconventional measures to fight the global crisis, saying corporate financing could remain severe for some time.

“The environment for corporate financing may remain severe on the whole,” Seiji Nakamura said in a speech in Niigata Prefecture. “As for the measures that are to expire at the end of September, we should carefully check financial and economic conditions and study what to do with the steps without any preset idea.”

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