- Supply and demand conditions deteriorated markedly and interest rates rose significantly
- Market participants have been particularly concerned about significant decline in liquidity
- One participant said BOJ should amend plan to accelerate pace of tapering
- But another participant said BOJ should opt for more gradual pace of tapering instead
- One member said there is no problem with BOJ maintaining current pace of tapering
- One member said BOJ should continue to reduce bond buying until pace of purchases reaches zero
- One member said amount of JGBs purchased should be reduced to ¥1-2 trillion from April 2026 onwards
- One member said it is desirable for BOJ to maintain monthly purchases of ¥3 trillion for a while
- Full minutes
This article was written by Justin Low at www.forexlive.com.
