TOKYO, Nov 24 - Bank of Japan board members said they expected the global economy to keep expanding steadily to a more sustainable pace, minutes from a policy-setting meeting in October showed on Wednesday.
"While decelerating from high growth, the global economy as a whole would continue to expand steadily," members agreed, according to minutes from the Oct. 12-13 meeting.
At the meeting, the nine-member Policy Board voted unanimously to keep the BOJ's current loose monetary policy intact.
Under its "quantitative easing" framework, the BOJ floods the financial system with more cash than it needs in an attempt to boost economic activity.
The BOJ has kept its current account deposits target, a liquidity benchmark, unchanged at 30-35 trillion yen ($290-339 billion) since a Jan. 19-20 meeting.
($1=103.35 Yen)