BOJ's Amamiya: Exit strategy talk should start when inflation target is in sight
Further comments by BOJ deputy governor, Masayoshi Amamiya
- BOJ should do utmost to hit inflation target now
- BOJ can exit smoothly when it is needed
- Will communicate to markets the strategy for exiting at some point
One can always dream/hope I guess. If anything, with the way the global economy is performing and how inflation is still pretty much anchored to the floor in Japan, we are likely to be heading for more easing rather than the exit door in the coming months.