Bank of Japan is not undertaking Fed-like tapering, says Governor

INSUBCONTINENT EXCLUSIVE:
added. Since reverting to a policy targeting interest rates, the BOJ has steadily slowed its government bond purchases to half the level it
central bank to whittle down a huge bond buying programme that critics see as unsustainable. Subdued inflation has forced the BOJ to
maintain a huge stimulus programme despite the rising costs, such as the pain inflicted on bank profites by years of near-zero interest
backtrack on its pledge to hit its 2 percent inflation target. Kuroda rebuffed such a view, saying that while no additional easing was