BoJ’s Suzuki: Adjustment of the YCC program is possible in future

More comments flowing in from BoJ member Suzuki, as he extends his speech on the monetary policy programme.

Key Headlines:

Adjustment of the YCC program is possible in future.

If market conditions change, the risk of monetary easing posing big damage to Japan’s banking system may heighten.

There is chance BoJ may raise yield targets to heighten sustainability of YCC.

BoJ’s ETF buying is necessary step now to achieve price goal at the earliest date possible.

BoJ cannot buy ETFs forever, must debate slowing pace of purchases at some point in future.