BOJ’s Amamiya - Recent slowdown in BOJ bond buying due to guiding rates appropriately

Omkar Godbole FXStreet Contributor

Bank of Japan (BOJ) Executive Director Masayoshi Amamiya, also known as ‘Mr. BOJ’, says the recent slowdown in the bank’s bond buying is a result of guiding rates appropriately.

Key quotes

BOJ already has sufficient steps to guard against fluctuation in future profits

The recent slowdown in BOJ’s bond buying is due largely to fact, upward pressure on Japan yields from US rates is receding

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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