08:11:43 02-12-2021
BOJ’s Suzuki: Faster Fed’s tapering to push up Japan’s long-term interest rates
Further comments are flowing in from the Bank of Japan (BOJ) board member Hitoshi Suzuki, as he now speaks on the US Federal Reserve’s (Fed) monetary policy.
Key quotes
If fed tapers, raise interest rates faster than expected, that could push up long-term interest rates including for Japan’s.
Japan's long-term rates may rise in the future once uncertainty surrounding covid subsides, helping the economy recover further.
Japan's corporate bond, CP markets have improved significantly from when funding was tight during the pandemic.