BoJ’s Kuroda: BoJ must communicate its exit strategy but only when it hits the price target

Dhwani Mehta FXStreet

More comments hitting the wires from the Bank of Japan (BoJ) Governor Haruhiko Kuroda, as he continues to speak in the Japanese parliament.

Raising rates now to create policy space for future could hamper the achievement of BoJ's price target.

Explaining BOJ's exit strategy now could create confusion in markets as inflation still distant from BoJ's target.

BoJ must communicate its exit strategy but only when inflation approaches its price target.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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