Bank of Japan Governor Ueda attended the Budget Committee of the House of Representatives and talked about the purchase policy of ETFs (exchange traded funds) as part of the large-scale monetary easing measures, saying, ``The 2% price target can now be expected to be sustained and stable.'' ``We will consider whether it is advisable to continue the policy from time to time,'' he said, indicating his intention to proceed with discussions on the review of the negative interest rate policy.
Along with its negative interest rate policy, the Bank of Japan has implemented large-scale monetary easing measures by purchasing assets such as government bonds and exchange-traded funds (ETFs) from the market, but the market believes that the time is near for the BOJ to change its current easing measures. There is a growing belief that this is the case.
Bank of Japan Governor Ueda attended the Budget Committee of the House of Representatives on the 6th, and when asked about revising the ETF purchasing policy, he said, ``When the 2% price target can be seen sustainably and stably, other We will consider whether it is a good idea to continue the policy, including the means involved,'' he said, indicating his intention to proceed with discussions on revising the policy along with the negative interest rate policy.
Regarding disposal, including the sale of ETFs that have already been purchased, he said, ``I think we have the time to think about it a little further down the line.''
At the Bank of Japan's monetary policy meeting last month, it was revealed that members made a series of positive statements toward a shift in monetary easing measures, and interest is gathering in the direction of the Bank of Japan's policy response. .