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"Easy monetary policies are in place around the globe.
The Bank of Japan, he noted, "has said it will patiently maintain very easy monetary policy".
However, an easy monetary policy can also stimulate the economy through the exchange rate.
It concluded that a crucial element of successful consolidation was easy monetary policy.
Most of the market's gains this year have been prompted by easy monetary policies.
The bank said Friday it would maintain very easy monetary conditions.
Similar(5)
Ultra-easy monetary policy has indeed been an important factor boosting the economy.
The UK has been a leading proponent of using super-easy monetary policy and devaluation as a strategy to offset fiscal austerity in the post-crash world.
The central bank released the report after its policy board decided yesterday to maintain its ultra-easy monetary policy by keeping short-term interest rates at virtually zero.
"The rampant mortgage market over the last several years was only partly caused by the Fed's ultra-easy monetary policy.
Mr Abe is pursuing an ultra-easy monetary policy, which he hopes will urge consumers to spend, and companies to invest.
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