BOJ's Ueda Hints at Chance of Continuing to Cut Bond Purchases

Bank of Japan Governor Kazuo Ueda hinted that the central bank could continue to slow the pace of government bond purchases next fiscal year, as the board's decision over bond buying approaches.
'Many opinions indicated that it's appropriate to keep cutting the bond purchases while balancing predictability and flexibility,' Ueda said Tuesday, summarizing views expressed by bond market participants at meetings hosted by the BOJ last month. Ueda was responding to questions in parliament.

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