- BoJ's governor Kuroda: We are not considering stopping buying or transferring or selling ETFs - Nikkei Asia
Market news
8 September 2021
BoJ's governor Kuroda: We are not considering stopping buying or transferring or selling ETFs - Nikkei Asia
- BoJ will continue to take persistent stance when it comes to monetary easing, even after COVID-19 pandemic abates, until the goal of 2% inflation is reached
- There is strong uncertainty regarding the impact of infections
- We will continue our present measures of monetary easing, and help with companies' financing
- If necessary, we are prepared to take additional easing measures without hesitation
- There is a "considerable difference in the labor market" behind inflation gap with U.S. and Europe
- Japan has maintained employment during COVID, so even if consumer demand returns, it will be able to respond immediately in terms of supply
- Regarding the exit strategy from large-scale easing, including purchase of ETFs, he says that "it should be decided based on situation when the 2% [inflation] target approaches"
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