BoJ’s Nakamura: Appropriate to conduct bond taper in predictable manner
Bank of Japan (BoJ) Executive Director Koji Nakamura said on Tuesday that it’s appropriate to conduct a bond taper in a predictable manner. Nakamura further stated that he will listen to views of various market players in compiling a new bond taper plan at the June policy meeting.
Key quotes
Will listen to views of various market players in compiling new bond taper plan at June policy meeting.
Our bond taper so far has helped improve market functioning but we are mindful our presence in bond market remains big.
Appropriate to conduct bond taper in predictable manner.
Market reaction
At the time of writing, the USD/JPY pair is trading 0.08% lower on the day at 157.55.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump and Jim Cramer Defend SpaceX as Musk Wants to Enter the Telecom Market
Gold’s lost haven allure to swing back into view on deficit woes
Adeia Names Dipti Vachani Chief Executive Officer
Crypto prices
More
