Bank of Japan Policy Board Member Asahi Noguchi: No Need to Significantly Modify Existing Balance Sheet Reduction Plan

On May 22, Jin10 reported that Bank of Japan Policy Board member Asahi Noguchi stated on Thursday that he believes there is no need for significant changes to the central bank's existing bond reduction plan. The current plan is set to continue until March next year. Noguchi said, "In other words, the central bank needs to view the reduction plan after April 2026 from a longer-term perspective, and the Bank of Japan can take enough time to reduce the size of its balance sheet."