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BoJ’s Kuroda: Too early to debate exit from easing policy now

More comments hitting the wires from the BoJ Chief Kuroda, as he continues to address the BoJ press conference.

Deflationary mindset still persisting in Japanese firms and households.

Need to deepen analysis on the relationship between economy and inflation.

BOJ will continue with aggressive monetary easing.

Expects government to continue to work on fiscal health.

Important for government to win market's trust on long-term fiscal management.

Remains committed towards achieving 2% inflation target at the earliest date possible.

Exit policy will have to address short-term rates and size of the balance sheet.

There is still some distance to 2% inflation target.

Too early to debate exit from easing policy now.

Now is the time to make best efforts to achieve 2% inflation target.

Premature talks of exit would confuse markets.

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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