Nakaso backs BoJ to exit QQE smoothly
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 print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Central Banking Awards 2024: fourth round announced
- Initiative of the year: the Netherlands Bank’s ChatDNB
- Central bank of the year: Central Bank of Brazil