Reuters exclusively reports BOJ discussing phasing out pandemic support as economy reopens

Reuters exclusively reported that the Bank of Japan is discussing phasing out a COVID-19 loan program if infections in the country continue to dwindle, potentially setting the bank up to exit a key crisis-mode policy sooner than investors expect. Markets have been anticipating a third extension of the scheme, set to expire in March. But with corporate funding strains easing, infections falling sharply and the world’s third-biggest economy reopening, some policymakers are contemplating ending the emergency program in March.

The post Reuters exclusively reports BOJ discussing phasing out pandemic support as economy reopens appeared first on Reuters News Agency.

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