Bank of Japan Governor Kuroda speaking in parliament today

Earlier comments here:

More:

  • ETF purchases are part of larger monetary easing policy
  • Does not think side effects of ETF buying are a major issue
  • The Bank of Japan ETF holdings are only 3% of whole stock market

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Huh ... just on The Bank of Japan ETF holdings are only 3% of whole stock market

... at the margin, though, this could (and does) make a difference

Anyway , doesn't matter ... Kuroda will continue his open cheque book policy, right?

(ps. for the young people, a cheque book is ... oh never mind, back to Snapchat with you!)

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