• Kyodo

  • SHARE

The Bank of Japan should consider buying foreign bonds and selling yen on the foreign exchange market to pull the economy out of deflation, a BOJ policy panel member said Thursday.

In a speech to local businesspeople here, BOJ Policy Board member Toshio Miki also said it would be worthwhile for the central bank to study the possibility of purchasing corporate bonds, commercial paper and asset-backed securities to control liquidity in the money market to an extent that does not distort the market mechanism.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW