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BoJ's Ueda: Not thinking about selling long-term JGBs as tool to adjust interest rates
World FX news
Breaking news
BoJ's Ueda: Not thinking about selling long-term JGBs as tool to adjust interest rates
2024.08.23 14:52
2024.08.23 14:52
Bank of Japan (BoJ) Governor Kazuo Ueda spoke in the Japanese parliament on Friday, noting that he is "not thinking about selling long-term JGBs as a tool to adjust interest rates."
Additional quotes
Reduction in JGB purchases would represent just 7-8% of balance sheet, not large reduction.
If economy moves in line with our projection, there will be phase where we can adjust interest rates a little further.
Last updated
: 2024.08.23
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