Central Banks
BOJ’s Ueda Reiterates Policy to Remain Accommodative for a While
- Judged risky to end JGB intervention completely in March
- Haven’t decided when to start reducing JGB buying in future
Kazuo Ueda
Photographer: Akio Kon/BloombergThis article is for subscribers only.
Bank of Japan Governor Kazuo Ueda reiterated monetary policy will stay accommodative for a while as policymakers continue to buy government bonds.
The BOJ would eventually reduce its bond buying at an unspecified timing in the future, he told an audience at the Peterson Institute for International Economics in Washington on Friday.