Bank of Japan Moderates Bond-Buying Reduction Amidst Economic Uncertainty
Bank of Japan Moderates Bond-Buying Reduction Amidst Economic Uncertainty The Bank of Japan (BOJ) announced on Tuesday a revised approach to its quantitative tightening program, opting for a slower reduction in government bond purchases while maintaining its key interest rate at 0.5%. This decision reflects a cautious stance amidst prevailing economic uncertainties, particularly concerning the impact of global trade policies. Initially scheduled to reduce monthly government bond purchases by ¥400 billion, the BOJ will now decrease this amount by ¥200…