Kuroda: Too soon to exit easy policy - Breaking The News
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Kuroda: Too soon to exit easy policy

EPA-EFE/JAPAN POOL JAPAN OUT EDITORIAL USE ONLY

Bank of Japan Governor Haruhiko Kuroda stated on Tuesday that it is too early for the BoJ to discuss abandoning its highly accommodative monetary policy stance.

According to Kuroda, a sustainable inflation target has not yet been met, and thus it is premature to consider such an exit. He added that more time is needed to hit this target in a "stable" and "sustainable" way.

Kuroda's term as BoJ chief ended on April 8, but incoming Governor Kazuo Ueda is not expected to deviate significantly from his monetary policy stance.

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