Aso expects BoJ to support market stability
Japanese Finance Minister Taro Aso (pictured) stated on Monday that he expects Bank of Japan will give support to the stability of the financial market and corporate finance.
He said it “was up to the BoJ to come up with monetary policy steps” and also didn’t want to speak on policy measures including whether the central bank needed to ease further.
Last week it was said that BoJ is reportedly set to decide next week on whether it will start limitlessly purchasing the government’s bonds, potentially pumping around $742 billion of cash to the country’s economy to mitigate the coronavirus effects.
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