BOJ Kuroda: BOJ not at point to consider exit details as still far from inflation goal

Author: Eamonn Sheridan | Category: Central Banks

Bank of Japan Governor Kuroda speaking from the Japanese parliament 

Yes, Mr. K .... the BOJ is still a loooooooooong way from the target for inflation

There is no exit! (not yet anyway) 

  • Rates, balance sheet ... both to be considered when exiting
  • BOJ will watch Fed and others to study exit
  • yields in Japan stable at a low level, one result of YCC policy