BOJ’s Kuroda says premature to debate exit from easy policy, ETF buying By Reuters
© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-HoonTOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was premature to debate an exit from ultra-loose policy including how to whittle down its massive holdings of exchange-traded funds (ETF).
“Given recent price developments, we need to patiently maintain our powerful monetary easing. That means we’re not in a stage to comment on an exit strategy including the fate of our ETF holdings,” Kuroda told parliament.
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