C iting sources familiar with the Bank of Japan’s monetary policy strategy, Reuters reported that the BoJ was in active discussions regarding the interest-rate targets and the quantitative easing program.
Key quotes
- BoJ likely to debate policy changes at this month’s meeting.
- BoJ may debate modifying yield-curve target to allow for natural rise in long-term rates.
- BoJ may discuss tweaking way it buys jgbs, etfs to mitigate market distortions.
- BoJ would portray any change as step for policy sustainability, not tightening.
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