BOJ has enough options to exit QE policy

BOJ has enough options to exit QE policy

On Tuesday, BOJ Governor told that some of the options Japan’s major financial institution has when it comes to unwinding its quantitative easing program include increasing interest rates on the excessive reserves lenders hold with the bank.

Speaking in the upper house of parliament, Haruhiko Kuroda told it was too early to tell specifically what the Bank of Japan would do with the government debt on its balance sheet when it has to cease its ultra-easy policy.

However, he added that the Bank of Japan would be able to manage its exit smoothly enough, including cutting the size of its holdings of recently purchased bonds to drive economic growth.

Financial experts tell that his comments mark a definite shift in his public communications.

Other steps, which could help to wind down policy stimulus suggest soaking up liquidity via major bank market operations and also letting bonds on its balance sheet expire. 

Similar

American consumer inflation goes up

In October, American consumer prices managed to jump by the most for 9 months against the backdrop of profits in the cost of gasoline as well as rents, thus indicating steadily soaring inflation, which will probably keep the key US bank on track to have…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera