The policy board of the Bank of Japan discussed the extension of fund-supplying operations from the current one year, but assessed that there is no immediate need at this stage, Governor Haruhiko Kuroda told a news conference on Tuesday.
Kuroda said central bank's flexible bond purchases and its application of one-year fund supplying operations helped to curb volatility in the Japanese government bond market. He expects markets to stabilize in the long term.
BoJ earlier in the day, refrained from announcing any new steps to contain bond market volatility. Policymakers decided to continue to target an expansion of monetary base at an annual pace of JPY 60-70 trillion, as announced in April.
The central bank today upgraded its view of the economy. The economy has started to pick up, it said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.