BoJ plans to examine its policy taken over past decades

The Sankei newspaper reported Sunday that the Bank of Japan is planning to review and inspect policies taken over the past decades, kicking off discussions at a two-day meeting scheduled for April 27 and 28 under newly-appointed Governor Kazuo Ueda.

Sankei reported that the BOJ will examine the reasons undergirding Japan’s stagnant economy so the central bank can come up with effective policies under Ueda.

Earlier this month, Ueda said he was open to the idea of a longer-term policy review.