Bank of Japan debated room for tweaks to stimulus programme: Oct minutes

[TOKYO] Several Bank of Japan board members saw room to debate tweaks to the central bank's massive stimulus programme including its huge purchases of exchange-traded funds, minutes of the BOJ's October rate review showed on Wednesday.

One member said the BOJ's crisis-response to ease corporate funding strains, if prolonged, could delay structural reforms needed to boost Japan's long-term growth potential, according to the minutes.

At the October rate review, the BOJ trimmed its economic growth forecast for the year ending in March 2021 but kept monetary policy steady.

REUTERS

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL