• BoJ's Iwata: no need to buy US treasuries directly from Fed as BoJ able to achieve sufficient monetary easing via JGB purchases

Market news

30 March 2017

BoJ's Iwata: no need to buy US treasuries directly from Fed as BoJ able to achieve sufficient monetary easing via JGB purchases

  • QE was effective in spurring growth but has been made more powerful by combining it with yield curve control

  • Appropriate to continue powerful monetary easing as inflation still distant from 2 pct

  • Japan's economic recovery gaining momentum reflecting improvements in overseas economies

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