FX

Ex-BOJ’s Maeda: Central bank may start debating from around 2023 ways to phase out extraordinary stimulus

BOJ may start debating from around 2023 ways to phase out extraordinary stimulus, including by ditching negative rates

BOJ could buy green bonds in the future, though not any time soon

BOJ may raise short-term rate to around 0-0.5% but such move will be withdrawal of extraordinary stimulus, not beginning of rate-hike cycle

BOJ likely won’t abandon 0% cap on long-term rate even if it were to hike short-term rate target

more to come ….

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