BOJ Initiates Asset Sale Strategy

In a significant financial maneuver, the Bank of Japan (BOJ) has announced the commencement of sales of its extensive exchange-traded funds (ETFs) and Japanese Real Estate Investment Trusts (JREITs). This decision, part of the BOJ’s broader economic stimulus strategy since 2010, coincides with the central bank’s maintenance of its 0.5% benchmark interest rate, a measure ratified by a narrow 7-2 vote. This marks a pivotal step in diminishing the bank’s considerable asset portfolio amid challenging economic conditions.