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Kuroda may outline BOJ's exit strategy from monetary easing

He hints it's time to explain "in an understandable way"why tapering is necessary for growth
Thursday, May 11, 2017 - 05:50

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Mr Kuroda told Parliament on Wednesday that it is "very important to explain in an understandable way" how the BOJ will try to taper its large-scale monetary easing even though, as recently as last month, he had suggested that it is too early to discuss an exit strategy.

Tokyo

THE Bank of Japan is thinking about announcing how it would conduct an exit strategy from its super-easy monetary policy, and what might be the implications of such a move for financial markets, BOJ governor Haruhiko Kuroda indicated on Wednesday.

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