TOKYO -- Japan's central bank is poised to carry out monetary policy adjustments designed to increase its flexibility and make life easier for financial institutions, sources told Nikkei.
During its two-day policy meeting from Thursday, the Bank of Japan will be looking at measures that would allow long-term interest rates to move in a slightly larger range of about 0.25%, plus or minus, versus 0.2% now. The idea is to maintain low interest rates while encouraging the market to function normally, giving financial institutions a chance to increase revenue.
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