While the BOJ decided to keep monetary policy unchanged, it revised its policy on ETF sales to accelerate the pace. The decisions made at the October monetary policy meeting and the change in the sales policy have been reported.
At its monetary policy meeting held on 29 and 30 October, the BOJ decided by a majority vote to keep monetary policy unchanged. This reportedly resulted in no major change to its policy for controlling short- and long-term interest rates.
In conjunction with the meeting, the pace of ETF sales was reviewed, and a policy to accelerate the pace was reportedly outlined. Although the specific procedures and figures were not provided in the article, it has been reported that a change in the pace of sales was considered.
The decision was reportedly viewed as somewhat surprising, and it has been explained that it attracted the attention of market participants.