By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan maintained ultra-easy monetary policy on Friday despite stronger-than-expected inflation, signalling it will remain a dovish outlier among global central banks and focus on supporting a fragile economic recovery. The central bank also kept intact its view that inflation will slow later this year and a pledge to "patiently"
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is widely expected to maintain ultra-easy monetary policy on Friday despite stronger-than-expected inflation, as it focuses on supporting a fragile economic recovery amid a sharp slowdown in global growth. The central bank is also likely to keep intact a pledge to "patiently" sustain massive stimulus to ensure Japan sustainably achieves its 2%