Cannot buy JGBs indefinitely – BOJ’s Sato

By FXStreet FXStreet (Mumbai) – Additional headlines from BOJ board member Mr. T. Sato that hit the wires last hours are as under:

Government CPI data has some statistical problems, recently deviating from people’s perception of prices

Slow decline in nominal rates suggests BOJ’s quantitative easing impact is diminishing

Bank of Japan cannot buy Japanese Govt. Bonds indefinitely at current pace as financial institutions have reasons to not sell JGBs
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Source:: FX Street