Earlier from the BOJ Gov:
- Bank of Japan Governor Ueda says Japan’s economy is recovering moderately
- More from BOJ’s Ueda on conditions for ending YCC and negative rates
More still incoming:
-
If achievement of our price target approaches, we can discuss
strategy, guidelines on exiting ultra-loose policy including fate of
our ETF buying - BOJ does not have
specific plan yet on how it will sell ETFs - When we sell ETFs we will do in a way that avoids as much as possible causing market disruption, huge losses on the BOJ’s balance sheet
This article was written by Eamonn Sheridan at www.forexlive.com. Source