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12/2/2021, 7:21 AM (Source: TeleTrader)
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Fed's faster taper could force BoJ's hand - board member

Bank of Japan (BoJ) board member Hitoshi Suzuki asserted on Thursday that the Federal Reserve's decision to quicken the tapering of its asset purchases might force the BoJ to change its monetary policy and raise its interest rates faster than planned.

Suzuki addressed the press, underlying that the relief programs aimed at mitigating the pandemic's negative impact need to be terminated at some point.

The BoJ's economic stimulus program expires in March 2022.

Baha Breaking the News (BBN) / BU