More from Kuroda: BOJ is still distant from its price target

Author: Justin Low | Category: Central Banks

Bank of Japan governor Kuroda repeating the same mantra again

  • What to do with large balance sheet is one issue at time of exit
  • Thinks that it will be possible to shrink the balance sheet then
  • There are various tools to exit easing policy - including letting debt mature
  • As BOJ has seigniorage (profits/revenue), trust in the yen won't be lost
His earlier comments can be found here.

Kuroda also says that the BOJ has bought 75% of JGB issued during the fiscal year of 2017 (which runs until the end of this month) so far.

"Are you tired of hearing me yet?"

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