Pandemic relief programs are an emergency measure and must be terminated at some point

I bet that’s what they said about negative rates too

That aside, with the omicron threat, the BOJ will likely not commit to anything just yet and will wait for the programs deadline which is March of next year.

Suzuki says that for now, financing conditions among small businesses have improved but remain onerous for some sectors and that the BOJ will want to review December data before deciding anything about pandemic programs. .

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