Specifically, it abolished the guideline to purchase ETFs and J-REITs at annual paces of increase in their amounts outstanding of, in principle, about 6 trillion yen and about 90 billion yen, respectively, and decided that it would purchase them as necessary with upper limits of about 12 trillion yen and about 180 billion yen, respectively, on annual paces of increase in their amounts outstanding while taking into account market conditions.
All of these policy actions have been devised to enhance both sustainability and nimbleness of monetary easing while striking a balance between its positive effects and side effects. Although it will take time, the Bank considers that it is possible to achieve the price stability target of 2 percent with the enhanced monetary easing.