Bank of Japan Governor Kuroda appearing in parliament
- Not yet in situation where BOJ can offer plan on how and when to exit ultra-easy policy
- Must maintain powerful easing for the time being
More:
- Announcing plan for exit from ultra-easy policy prematurely could confuse markets
(note to K - its cool, I'm already confused)
MOAR:
- When time comes for exit, BOJ will communicate its intentions appropriately to avoid market turbulence
- BOJ's ETF buying still a necessary step to achieve price target
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