BOJ Findings: Excess lowering of long-term interest rates could negatively affect economic activity in long run

Following are the key findings from the Bank of Japan‘s (BOJ) examination of the monetary policy, which was released along with the policy statement this Friday.

Key quotes

Policy examination: excess lowering of long-term interest rates could negatively affect economic activity in long run.

Will steer yield curve control by prioritizing keeping yield curve stably at low levels.

Will buy CP, corporate bonds of up to around 20 trillion yen until end-September.