Home BOJ’s Kuroda: ETF purchases necessary, unlikely to achieve price goal before FY 2020

BOJ’s Kuroda: ETF purchases necessary, unlikely to achieve price goal before FY 2020

Updated: 27 Feb. 2019 | 05:22

Bank of Japan Governor Kuroda on Wednesday said that purchases of exchange-traded funds (ETFs) is still a necessary policy step as it helps reduce risk premiums.

Kuroda added further that the central bank is unlikely to reach the 2 percent price target before the financial year 2020.

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