Last week, the Bank of Japan conducted an "inspection" to sustain the current large-scale monetary easing measures, clarified the fluctuation range of long-term interest rates, and revised the policy of purchasing ETFs = exchange-traded funds. ..
Deputy Prime Minister and Finance Minister Aso said at the House of Councilors Finance and Finance Committee on the 22nd that he "thinks it is an appropriate response."
The Bank of Japan has clarified its stance of allowing constant fluctuations in interest rates by setting the fluctuation range of long-term interest rates to "plus or minus 0.25%" in the "inspection" of monetary easing measures.
Deputy Prime Minister and Minister of Finance Aso said, "Until now, it has been written that it can fluctuate from a range of about plus or minus 0.1% up and down to about twice that amount." I think it's a miso to say about%, and I think it's very big to clarify. "
On top of that, Deputy Prime Minister Aso commented on the BOJ's series of responses: "Effective and sustainable finance from the perspective of achieving price stability targets amid the expected continued downward pressure on prices and the economy due to the new corona. I understand that it is a measure to implement mitigation. I think it is an appropriate response. "