Sources: BOJ to debate ways to make its stimulus sustainable - Reuters
|The Bank of Japan (BOJ) is seen debating ways this month to make its massive stimulus program sustainable.
The central bank has been flooding the system with cash via JGB, ETF purchases and negative intereste rates since 2013, but the 2 percent inflation target still remains elusive.
Further, BOJ is seen pushing its inflation forecasts out to the fiscal year ending March 2021, and if anything, the risks are to the downside, meaning the bank could take too long to hit the 2 percent inflation target and hence is reportedly considering steps to make its policy more sustainable.
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