Many see continued cuts in bond buying as appropriate: BOJ chief Ueda

Bank of Japan chief Kazuo Ueda said Tuesday that many market participants see continued reductions in government bond purchases as appropriate as the central bank moves to normalize policy after a decade of unorthodox easing.In a speech in Tokyo, Ueda said there were "only limited calls" during a mid-May meeting with market participants to revise the current reduction plan through March 2026.The BOJ is set to discuss the planned purchase reduction at its next policy meeting later this month. The measure, decided in July last year, aims to gradually shrink its bloated balance sheet.Massive g…READ FULL ARTICLE