‘YIELD CURVE CON­TROL STILL MAIN FO­CUS’

Kuroda says BoJ may also re­lease stim­u­lus with­drawal im­pact on its fi­nan­cial health

New Straits Times - - Business / World -

TOKYO

“We will con­sider it as a fu­ture pos­si­bil­ity,” he said, when asked about the chance of re­leas­ing cal­cu­la­tions on the ef­fect a with­draw­ing of stim­u­lus could have on the BoJ’s bal­ance sheet.

Kuroda said he was not cur­rently think­ing about any spe­cific ways to change the BoJ’s present pol­icy mix, stress­ing that yield curve con­trol re­mained the main fo­cus of mone­tary pol­icy.

“In the­ory, it is pos­si­ble to com­bine the dif­fer­ent el­e­ments of mone­tary pol­icy in sev­eral ways,” said Kuroda.

“How­ever, I’m not think­ing about chang­ing the pol­icy mix right now.”

He also said the amount of gov­ern­ment debt pur­chases and the mone­tary base level in­cluded in

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