BOJ gov nixes Maehara talk of foreign bond buying
TOKYO Nov 12 (Reuters) - Japanese Economics Minister Seiji Maehara said on Monday that buying foreign bonds could be one way for the central bank to pump money into markets and expand the country's monetary base.
But Bank of Japan Governor Masaaki Shirakawa said the central bank has plenty of other assets it can buy to offer liquidity to markets.
"We don't see the need to buy foreign bonds for the purpose of pumping liquidity," he told a lower house budget committee meeting.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.