TOKYO (Reuters) – One Bank of Japan board member said there was room to make monetary policy more flexible in the future to revive bond market trading, a summary of opinions by policymakers at their September rate review showed on Friday.
There was also a call from one BOJ policymaker to deepen debate within the nine-member board on the time frame for sustaining the central bank’s massive stimulus program, the summary showed.
The BOJ kept monetary policy steady at the September meeting, after taking steps in July to make its policy framework sustainable such as allowing bond yields to move more flexibly around its zero percent target.
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Source: Investing.com