Bank of Japan (BOJ) board member Asahi Noguchi says the central bank should only ramp up bond purchases during “severe market disruption”, signaling no immediate need to counter the recent spike in super-long bond yields.
Noguchi believes no major changes are needed to the BOJ’s current bond tapering plan, which runs through March 2026, though he says the strategy beyond that should be reviewed from a long-term perspective.
The BOJ plans to conduct an interim review of its tapering programme at its policy meeting next month and outline a new approach for the period beyond March 2026.
A known dove on the BOJ board, Noguchi also urged caution on future interest rate hikes, saying they should proceed gradually and only with clear evidence that inflation is sustainably anchored around the 2% target, supported by wage growth.
While the BOJ allows markets to determine long-term interest rates, Noguchi noted it retains the option to adjust bond buying in response to volatility—but such emergency operations should be used only in exceptional circumstances.
---
Noguchi spoke earlier, headlines are here:
Bank of Japan board member Noguchi: Japan’s economy is growing steadilyWhile his monetary policy outlook are garnering attention its his 'only ramp up bond purchases during “severe market disruption”' comment grabbing the headlines.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about boj noguchi says bank should only ramp up bond purchases during severe market disruption was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( BOJ Noguchi says Bank should only ramp up bond purchases during “severe market disruption” )
Also on site :
- Crews respond to large fire at Denny Hamlin's parents' house in Stanley: Sources
- Reported tornado rips roofs off multiple homes in central Illinois
- John Legend Celebrates 47th Birthday With Family Slime Outing in New York