04-08-2016 10:13 via news.yahoo.com

BOJ's Iwata: impossible to tighten policy as a result of Sept. review

By Stanley White and Minami Funakoshi YOKOHAMA, Japan (Reuters) - The Bank of Japan has no plans to reduce the amount of assets it buys or change the composition of assets it purchases in a way that would tighten monetary policy, Deputy Governor Kikuo Iwata said on Thursday. The BOJ's comprehensive review of its monetary policy due next month is unlikely to lead to a big change in thinking but is more about fine-tuning existing policy, he said. Iwata defended the BOJ's mix of government debt pur
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