More comments by BOJ governor Kuroda
- Will keep an eye on economic, price, financial conditions during exit
- BOJ will ensure future exit from easing policy won't lead to spike in bond yields or disrupt markets
- Too early to debate now on how to exit from monetary stimulus
- Is aware that the BOJ will need to show its exit plan at the right time
- Closely watching to see if wage growth is to accelerate to 3% in Shunto wage negotiations
- Prices are keeping momentum, steadily proceeding towards 2% target
The same old message, but with more clarity by Kuroda. Despite what he said last week, chances are the BOJ will have to "hold the market's hand" when it comes to managing easing policy exit - so as to not surprise and cause knee-jerk reactions.
But we'll get to it when we (inflation) get there, one day.
With regards to the wage negotiations, it's something that was highlighted by Barclays in their assessment for BOJ policy outlook here last week.
