The Bank of Japan will ‘significantly’ scale back its bond purchases due to an ultra-loose policy
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The Bank of Japan said it would “significantly” scale back its monthly bond-buying program worth ¥6 trillion ($38 billion), a crucial milestone in winding down its ultra-loose monetary policy and trimming its expansive balance sheet. … Read more