BOJ to review fate of ETF purchases if stimulus exit – Gov Ueda By Reuters


©Reuters. FILE PHOTO: Bank of Japan Governor Kazuo Ueda attends a news conference after the policy meeting at the BOJ headquarters in Tokyo, Japan, December 19, 2023. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will consider whether to continue purchases of risky assets, as well as other stimulus measures, when it sees sustained achievement of the 2% inflation target.

The decision on whether to liquidate the BOJ’s holdings in risky assets, such as Exchange Traded Funds (ETFs), can be made at a later date, he told Parliament.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *