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BOJ seen dropping pledge to buy ETFs at current pace: ex-c.bank policymaker


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TOKYO (Reuters) - The Bank of Japan is likely to drop its commitment to buy exchange-traded funds (ETF) at an annual pace of roughly 6 trillion yen ($57 billion) at its next policy review, former central bank policymaker Sayuri Shirai said on Friday.
FILE PHOTO: A security guard walks past in front of the Bank of Japan headquarters in Tokyo, Japan January 23, 2019. REUTERS/Issei Kato
The central bank will take the step when it reviews its policy tools in March to make them more sustainable, she said.
The BOJ’s massive purchases have drawn much criticism for distorting markets and sources have told Reuters that the central bank will discuss ways to scale back its ETF buying at the March review. ....

Sayuri Shirai , Leika Kihara , Yoshihide Suga , Edwina Gibbs , Thomson Reuters Trust Principles , Hermes Equity Ownership Services , Japan Keio University , Prime Minister Yoshihide Suga , Federated Hermes Equity Ownership , Thomson Reuters Trust , எட்வினா கிப்ஸ் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ஹெர்ம்ஸ் பங்கு ஓநர்‌ஶிப் சேவைகள் , ஜப்பான் கேோ பல்கலைக்கழகம் , கூட்டமைப்பு ஹெர்ம்ஸ் பங்கு ஓநர்‌ஶிப் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,