Hard to exit from super-easy monetary policies: Kuroda

EXITING from the super-easy monetary policies currently being implemented by some of the world's leading central banks may prove more difficult than was the case with past easing exercises, Bank of Japan (BOJ) governor Haruhiko Kuroda warned during the weekend.

His cautionary comments during a speech at the University of Tokyo came at a time when stock markets in both Japan and the US - both of which are easing aggressively - are close to one-year highs and when investors are nervously watching monetary policy moves.

Speculation is again mounting that the US Federal Reserve may be getting close to announcing a "tapering" of its quantitative and qualitative easing (QQE) initiatives that some analysts fear could trigger another bout of severe market turbulence.