Jun 14, 2024
BoJ's Ueda: Important to reduce JGB purchases in a foreseeable manner
Addressing the post-policy meeting press conference on Friday, Bank of Japan (BoJ) Governor Kazuo Ueda said that the Bank “decided to reduce JGB purchases to ensure long-term yields are formed more freely in markets.” The BoJ kept the interest rate steady at 0% for the second meeting in a row in June.
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