BOJ’s Suzuki: Premature to consider exit strategy for ETF buying

Dhwani Mehta FXStreet

Additional comments flowing in from the Bank of Japan (BOJ) board member Hitoshi Suzuki, as he continues to speak on the central bank’s monetary policy outlook.

BOJ won't intentionally create volatility in bond market.

Somewhat disappointed bond yields aren't moving much after BOJ’s March review.

Want bond yields to move more, but this could still happen ahead with medium-, long-term factors.

Undesirable for BOJ ETF holdings to keep increasing.

BOJ may need different type of scheme to promote lending, depending on corporate funding conditions ahead.

USD/JPY reaction

USD/JPY was last seen trading at 108.80, almost unchanged on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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