Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Tuesday, it is too early to debate an exit from easy monetary policy.
Key quotes
“Sustainable inflation target has not yet been met.”
“Thus. it’s premature to debate exit from easy monetary policy.”
“More time is needed to stably and sustainably hit the price target.”
Market reaction
The Japanese yen is holding the recovery momentum on Kuroda’s words, as USD/JPY is shedding 0.70% on the day to trade at 130.63.
