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BOJ Sounds Out Market Players Before Finalizing Bond-Buying Cuts
The Bank of Japan will speak face-to-face with market participants over the next couple of days in key meetings aimed at gauging a realistic pace for a reduction of its bond purchases to be announced later this month. The central bank’s financial markets department will host three gatherings with representatives from banks, securities firms and those buying bonds for financial institutions. Each session will last an hour, with the final meeting taking place Wednesday. Any numbers floated in the hearings will bear close scrutiny, but they are unlikely to come from the central bank. BOJ officials are more interested ... (full story)
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- Posted: Jul 8, 2024 10:39pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,844
