Economics
Kuroda Says Signal for Stimulus Exit Would Be Change in Target Rate
- BOJ governor speaks in interview with Bloomberg in Bali
- Will keep current rates for now with inflation still around 1%
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Look to bond yields and not asset purchases for the first sign that the Bank of Japan is finally ready to start exiting its years-long monetary stimulus, Governor Haruhiko Kuroda said in an interview.
Kuroda’s statement offered the clearest glimpse yet of what an exit will look like one day, though he stressed that policy settings will remain at their current levels for now.