Japan’s central bank will sell ETFs 2.6 times faster and could still take 43 years to exit
Japan's central bank has decided to sell its stock funds about 2.6 times faster than usual, reducing the estimated time needed to dispose of them from 112 years to 43. If you're wondering why such a supercharged exit still stretches across more than four decades, it's because the Bank of Japan is trying to undo… Read…
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Central bank
The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.
Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.
More about Central bankExchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundMore in Economy
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