"The Bank of Japan (BOJ) has been a major player in the equity market since 2013, purchasing exchange-traded funds (ETFs) as part of its quantitative and qualitative easing program to stimulate inflation and boost corporate investment. By 2018, the BOJ had accumulated equity holdings worth approximately 4% of Japan’s GDP. Although the BOJ’s direct stock ownership has been a subject of debate, its purchases have significantly influenced market dynamics, with studies showing a strong link between BOJ purchases and stock price increases."
Sound similar? It's a sly way to do QE for stocks, without calling it QE from the Fed.
