The Bank of Japan's Governor Kuroda said at the Finance and Finance Committee of the House of Representatives on the 15th that the measures to buy unlimited government bonds announced by the Bank of Japan on the 14th had an appropriate effect of curbing long-term interest rates. I did.
Among them, Governor Kuroda announced on the 14th that he would implement measures to buy unlimited government bonds at the yield of 0.25% specified by the Bank of Japan. What had risen to, fell as expected and had the right effect. "
In addition, while it was questioned that repeating this measure would have an adverse effect on the market, Governor Kuroda said, "I took action because I thought it was excessively affected by rising interest rates overseas. The function of the government bond market. I'm trying to balance it so that it doesn't have an excessive impact on me. "
On the other hand, while the so-called "exit strategy" to reduce the current large-scale monetary easing was asked, Governor Kuroda said, "The exit strategy will be concrete when the realization of a 2% price increase is approaching. If you don't have a lot of discussion, you'll be misleading. "
He said, "The Fed is working at the moment, so it's a good reference." He said he would refer to the Fed's method, which is the central bank of the United States.