Comments from ex-Bank of Japan monetary policy board member Sakurai
Says the BOJ:
- likely to decide this week on extending sept deadline for pandemic-relief programme
- likely to stick to YCC at least until governor Kuroda's term ends in April 2023
and:
- too early for BOJ to consider further steps to revitalise JGB market
- BOJ must eventually mull ways to unload its huge ETF holdings
I posted a preview of the meeting here earlier.
