The Bank of Japan may discuss further slowing the pace of bond purchases at an upcoming meeting.

According to informed sources, officials from the Bank of Japan may discuss slowing down the pace of bond purchases at a policy meeting later this month. The sources revealed that officials might consider further reducing the purchase scale from the current quarterly reduction of 400 billion yen. The internal debate centers on whether to cut the pace to 200 billion yen per quarter starting in April next year or to maintain the current pace. They indicated that the amount could also be between 200 billion and 400 billion yen. The sources added that the new plan would cover a period of about a year.