• SHARE

After introducing a series of unconventional measures to cope with the global financial crisis, the Bank of Japan now sees the need receding for some of the steps, signaling the time for the central bank to unwind its emergency funding steps is approaching.

While the central bank sidestepped a decision about what to do with its corporate debt purchasing programs at its two-day Policy Board meeting through Wednesday, BOJ Gov. Masaaki Shirakawa made it clear that even if the BOJ starts unwinding its emergency steps, it does not mean the beginning of a full-fledged exit and interest rate hikes.

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