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BoJ’s Kuroda: BoJ will take all necessary steps to achieve inflation target

More comments flowing in from the BoJ Chief Kuroda, as he continues to speak at his confirmation hearing at the upper house in parliament.

BoJ will do whatever it takes to hit the inflation target.

Wage growth is important factor for determining whether or not deflation is beaten.

Can't weaken degree of monetary easing or end easing policy when inflation is yet to reach its target.

BoJ will continue appropriate monetary easing until inflation target is met.

BoJ will take all necessary steps to achieve inflation target.

As seen in Fed's example, there will be a debate on exit strategy once inflation target is met.

BoJ is doing brainstorming on how a future exit could affect its balance sheet.

It is true that BoJ's asset holdings are very large.

Doesn't feel that BoJ's position is in a serious state.

Author

Dhwani Mehta

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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