Reuters exclusively reports BOJ may replace some ETF guidelines with pledge to step in during crisis

Reuters exclusively reported the Bank of Japan may replace some numerical guidelines for its purchases of exchange-traded funds (ETF) with a pledge to ramp up buying when markets become volatile. The move would allow the BOJ to more flexibly slow purchases when markets are stable, while reassuring investors it will step in forcefully when shock events trigger turbulence, three sources familiar with the BOJ’s thinking told Reuters.