BoJ’s Kuroda: No change to BoJ’s commitment of hitting price goal at earliest date possible
|More comments flowing in from the Bank of Japan (BoJ) Governor Kuroda, via Reuters, as he continues to speak on the central bank’s monetary policy programme.
Key Headlines:
No change to BoJ’s commitment of hitting price goal at the earliest date possible.
There is no set ceiling to BoJ’s monetary base.
Don’t expect the average duration of BoJ’s JGB holdings to change much.
BoJ does not set guideline on the average duration of JGBs it holds, though this has nothing to do with an exit strategy.
For now, we are not seeing conditions rife to examine specific timing for exiting easy policy.
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