BoJ’s Ueda: Don't think balance sheet composition is a normal one but BoJ must maintain it

Bank of Japan (BoJ) Governor Kazuo Ueda is delivering some comments on the central bank’s balance sheet on Thursday.

Key quotes

Don't think BoJ current balance sheet, which consists of massive JGBs and ETFs, is a normal one for a central bank.

The BoJ must maintain current balance sheet composition until inflation stably, sustainably hits its 2% target.