Amamiya counters view that BOJ is tapering its asset buying
Reuters
Published Mar 29, 2018 11:17PM ET
Amamiya counters view that BOJ is tapering its asset buying
TOKYO (Reuters) - Bank of Japan Deputy Governor Masayoshi Amamiya on Friday rebuffed market views that the central bank was tapering its bond purchases and seeking to exit its ultra-easy policy.
"The BOJ's bond-buying pace fluctuates from time to time depending on market moves," Amamiya told parliament.
"That is completely different from the U.S. Federal Reserve's tapering, which is an intentional, steady slowdown (of asset purchases) aimed at normalizing monetary policy," he said.
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Written By: Reuters
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