BoJ’s Suda criticises decision to buy government bonds

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Minutes from a Bank of Japan (BoJ) monetary policy meeting published on Tuesday, have showed some members of the Policy Board were at odds with the central bank's decision to buy government bonds as part of its quantitative easing programme.

At the monetary policy meeting on 4 and 5 October, Miyako Suda, a member of the BoJ's Policy Board, said the inclusion of government securities in the asset purchase program could cause Japan's bond market to overheat and lead to a bubble forming.

Minutes fr

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