MIYAZAKI, Japan (Reuters) - Bank of Japan board member Yukitoshi Funo on Wednesday said he felt there was no need to change the central bank’s purchases of exchange-traded funds linked to the stock market.
Funo, speaking to reporters in Miyazaki, southern Japan, said it was possible for policymakers to respond in some way if a majority of board members saw the need to change policy.
Funo also said he did not think stock prices were overheating.
Reporting by Sumio Ito; Writing by Stanley White; Editing by Minami Funakoshi
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