“Even after the March policy shift, expect interest rates to stay low and real interest rates to remain at deeply negative territory,” Bank of Japan Governor Kazuao Ueda said on Tuesday. Additional quotes Have no preset idea now on how and when we will adjust interest rate levels. Expect to reduce our bond buying in future but can't say now when and by how much. Won't immediately start unloading BoJ’s ETF holdings. Won't comment specifically on FX levels, moves.
What has been the Bank of Japan’s policy? The Bank of Japan has embarked in an ultra-loose monetary policy since 2013 in order to stimulate the economy and fuel inflation amid a low-inflationary environment. The bank’s policy is based on Quantitative and Qualitative Easing , or printing notes to buy assets such as government or corporate bonds to provide liquidity.