BoJ employs "broad-perspective review" as it lays groundwork for ending NIRP
Key points
- Jiji Press reports that BoJ has begun feeling its way toward wind-down of NIRP and that early 2024 will be "key phase"
- Amid steady progress on "broad-perspective review" of monetary policy, Bank confirms loss of market function with special edition of Bond Market Survey
- - Focus on whether BoJ will hasten preparations for exit in view of new information and data
