
The Bank of Japan (BOJ) is considering significant changes to its bond-buying program, as revealed in a recent meeting with bond market participants. According to various sources, the BOJ received a range of opinions, including suggestions to reduce monthly bond purchases to around 2-3 trillion yen or maintain them at approximately 4 trillion yen. Japan's megabanks are advocating for deep cuts, with some proposing to halve the current monthly bond buying from 6 trillion yen by 2026. Additionally, the BOJ is expected to trim its economic growth forecast while projecting inflation to remain around its 2% target. Japan's Finance Minister Suzuki is closely watching the discussions, and the BOJ has released briefing material used at the meeting.
Japanese banks reportedly urged BOJ to halve monthly bond purchases by 2026 https://t.co/WtzOJPKkGx
MANY JAPANESE PRIVATE BANKS WHO MET WITH THE BOJ ON TUESDAY URGED IT TO HALVE MONTHLY BOND BUYING FROM CURRENTLY 6 TRLN YEN BY AROUND 2026 - SOURCES
#Japan | #BOJ to trim growth forecast, project inflation staying around target, sources say – Reuters




