BOJ eyes to trim down bond purchases
BOJ eyes to trim down bond purchases
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00:00Bank of Japan, or BOJ, wants to trim down its bond purchases and revealed a plan on
00:06how to actually reduce its almost $5 trillion balance sheet.
00:11Although the BOJ will continue to buy government bonds at its current pace of 6 trillion yen
00:16or $38 billion per month, it has also decided to taper this down within the next one to
00:23two years.
00:24Investors had already anticipated the plan to slow down bond purchases, but the lack
00:29of details made available prompted many to speculate that Japan's central bank will
00:35be cautious in adjusting monetary policy moving forward.