More:
- too early discuss specifics on exit for loose monetary policy
- when its time to leave easy policy that'll be communicated correctly
- if targeted inflation is not sustainable exit should be considered
That last comment is a bit of a curious one. The inflation target has been far in the distance for many, many years. The BOJ has not given any indication its considering dumping the target.
Fed tighter, BOJ staying loose. No wonder USD/JPY looks like this:
