BOJ Governor Ueda Kazuo (植田 和男) told the Diet that the BOJ would increase its government bond purchases if long-term interest rates rose sharply. The comment came as rates were said to be approaching 2%.
At the House of Representatives Budget Committee on the 9th, BOJ Governor Ueda Kazuo (植田 和男) said that the BOJ would increase its government bond purchases if long-term interest rates rose rapidly. This was positioned as part of the policy response to the current interest-rate environment.
The remarks came against a backdrop of long-term interest rates approaching 2%, suggesting that the BOJ is prepared to respond flexibly to interest-rate movements. Specific figures and operational details are not included in this article.