Nakaso backs BoJ to exit QQE smoothly

bank-of-japan-ext
The Bank of Japan

The Bank of Japan (BoJ) has "an extensive range of operational instruments" at its disposal to engineer an exit from its quantitative and qualitative easing (QQE) programme, according to one of its deputy governors, Hiroshi Nakaso.

Nakaso was responsible for market operations at the central bank when it ended its last asset purchase programme, in March 2006, and believes that experience will serve the BoJ well.

"The Bank of Japan is the only central bank that has hands-on experience in exiting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.