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BoJ’s Kuroda: ETF purchases are an important part of monetary policy

The Bank of Japan (BoJ) Governor Kuroda is back on the wires now, via Reuters, with the key comments found below.

ETF purchases are an important part of monetary policy.

ETF holdings are only a small portion of the stock market.

BoJ doesn’t own stocks directly.

ETF purchases have helped to reduce risk premium.

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