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BOJ’s Kuroda says no plan to end or ‘permanently reduce’ ETF buying

Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank had no plan to end its purchases of exchange-traded funds.
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank had no plan to end its purchases of exchange-traded funds.
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16 Feb 2021 05:02:52 GMT9
16 Feb 2021 05:02:52 GMT9

Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank had no plan now to end or “permanently reduce” its purchases of exchange-traded funds (ETFs).

“We are aware of various problems being pointed out about our ETF buying. But the policy has had a positive impact on the economy and prices,” Kuroda told parliament, adding that the BOJ would look into ways to address the side-effects of its asset-buying programme.

Reuters

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