Reported about 11 hours ago
The Bank of Japan (BOJ) plans to slow its withdrawal from the bond market, starting next year, to maintain market stability while keeping interest rates steady at 0.5%. The BOJ will reduce monthly bond purchases from ¥400 billion to ¥200 billion quarterly. This decision aims to mitigate concerns about volatility in the bond market, with officials indicating that the central bank remains committed to gradual normalization despite economic uncertainties. Analysts expect this strategic shift to help stabilize the market while continuing to monitor inflation and global economic pressures.
Source: YAHOO