19 June 2001, 10:33  Bank of Japan ready to ease more if structural reform begins

Tokyo, June 19 (BridgeNews) - The Bank of Japan is willing to ease monetary policy further if structural reform causes an increase in private sector demand for capital, but such easing would be ineffective at the current time, BOJ Governor Masaru Hayami said. Hayami added he would also be willing to ease further if structural reform caused increased unemployment and corporate bankruptcies but he declined to comment on exactly what measures could be taken to ease monetary policy further.

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