TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will debate an exit strategy from ultra-loose monetary policy and communicate it to the public once stable, sustained achievement of its inflation target approaches.
But he told parliament that it was too early to discuss an exit from the BOJ’s massive stimulus programme, including how to unload the bank’s huge holdings of exchange-traded funds, as it will take some more time to stably and sustainably hit its 2% inflation target.
(Reporting by Leika Kihara; Editing by Shri Navaratnam)
