boj minutes, 2024-07-31
One member noted that, given factors such as financial regulations, if the Bank reduced its purchase amount of JGBs at a pace that was significantly faster than the pace indicated in the staff's proposal, this could intensify upward pressure on interest rates, due to a decline in risk-taking capacity in the market, and in turn create a risk that the reduction plan would bring about strong monetary tightening effects.
Sentiment: neutral
Topic: mp_interest_rate