TOKYO (Reuters) – The Bank of Japan may begin discussing ways to phase out its extraordinary stimulus program, such as ditching negative interest rates, when Governor Haruhiko Kuroda’s term ends in 2023, the former central bank executive said. Eiji Maeda.
Even if the BOJ were to increase its short-term rate target from the current -0.1%, it will likely maintain a 0% cap on long-term rates due to the need to help keep borrowing costs low for spending. government prosecutor said. saying.
In an interview with Reuters on Wednesday, Maeda also said the BOJ might consider buying green bonds in the future, although any such step would be “in some time.”
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