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MNI BRIEF: BOJ Kuroda: Premature To Discuss Easy Policy Exit

(MNI) LONDON
TOKYO (MNI)

There was no change in overall policy emphasis from Bank of Japan Governor Haruhiko Kuroda Friday, as he reiterated to reporters that it is premature to discuss the exit from easy policy, adding such discussions were not appropriate to discuss an exit of easy policy" as the 2% price target hasn't yet been achieved.

His comments came after the BOJ largely left monetary policy settings unchanged at the March meeting, just tweaking some messaging.

Looking at the forex markets, he restated the BOJ's stance that the yen should move stably and reflect economic fundamentals: "I don't think that there are problems with regard to the recent movements of foreign exchange rates," he said.




MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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