by Katsutoshi Takehana
As the BOJ's QQE program approaches the third anniversary of its launch, concerns about how long the BOJ can continue purchasing JGBs have started to emerge. When explaining its policies, the BOJ must henceforth make a cogent case for their sustainability in addition to their effectiveness. This imperative will pose communication challenges for the BOJ.
*Organization names and job titles are current as of the publishing dates
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