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Japan s new premier Kishida to sustain big fiscal, monetary support – for now
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Japan s new premier Kishida to sustain big fiscal, monetary support - for now
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Japan s new premier Kishida to sustain big fiscal, monetary support - for now
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BOJ likely in no mood yet to aid market with more big ETF buying
05/12/2021 | 04:47am EDT
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TOKYO (Reuters) -Investors counting on the Bank of Japan to put a floor under stock prices may be disappointed as the current rout likely falls short of new thresholds set in March for its exchange-traded fund (ETF) buying, findings unveiled by the central bank show.
As part of efforts to make its massive stimulus sustainable, the BOJ in March ditched a pledge to buy ETFs at a set annual pace and now promises to step in only when necessary.
UPDATE 2-BOJ likely in no mood yet to aid market with big ETF buying Reuters 5/12/2021 BOJ refrains from ETF buying even as Japan shares tank
Popular Searches Market shock like last year s COVID crisis likely new trigger Volatility, degree of instability key to timing of ETF buying (Adds BOJ Kuroda s expected parliament appearance in 13th paragraph)
By Leika Kihara and Daniel Leussink
TOKYO, May 12 (Reuters) - Investors counting on the Bank of Japan to put a floor under stock prices may be disappointed as the current rout likely falls short of new thresholds set in March for its exchange-traded fund (ETF) buying, findings unveiled by the central bank show.