BoJ ends some emergency measures

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The Bank of Japan ended some of the monetary policies it launched in response to the Covid-19 pandemic, but extended support for small businesses.

The BoJ’s policy board voted today (December 17) to halt “additional purchases” of commercial paper and corporate bonds in March 2022. From April, it will start to return its holdings of these assets to their pre-pandemic levels.

However, in other respects, the BoJ maintained its monetary easing measures. The board chose to extend its “special funds

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