BOJ likely in no mood yet to aid market with more big ETF buying By Reuters – Investing.com

BOJ likely in no mood yet to aid market with more big ETF buying By Reuters – Investing.com

By Leika Kihara and Daniel Leussink

TOKYO (Reuters) -Investors counting on the Bank of Japan to put a floor under stock prices may be disappointed as the current rout likely falls short of new thresholds set in March for its exchange-traded fund (ETF) buying, findings unveiled by the central bank show.

As part of efforts to make its massive stimulus sustainable, the BOJ in March ditched a pledge to buy ETFs at a set annual pace and now promises to step in only "when necessary."