Numbers Game: For the Bank of Japan, 80 Trillion Means About 20 Trillion - News Summed Up

Numbers Game: For the Bank of Japan, 80 Trillion Means About 20 Trillion


TOKYO—How much is about 80? The Bank of Japan’s answers include 79, 38, and, lately, about 20. Since October 2014, the central bank has pledged to buy about ¥80 trillion ($732 billion) in Japanese government bonds annually, a pledge it is expected to repeat at a policy meeting Wednesday. But at the current pace, the BOJ is on track to buy only about ¥20 trillion of the bonds this year, following purchases of ¥38 trillion last year.


Source: Wall Street Journal January 21, 2019 12:00 UTC



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