No More BOJ Gov Kuroda – BOJ Must Maintain Easy Policy

Earlier::

He continues, this time with comments geared toward domestic monetary policy:

• The BOJ must maintain the current monetary easing, but it will also be possible to consider measures to remedy the side effects of an accommodative policy

• by maintaining the current easy policy, it is possible to achieve our price target in a sustainable and stable manner, accompanied by wage growth, while monitoring the side effects of our policy

As I noted earlier, Kuroda’s term ends on April 8, Ueda will be his replacement. Kuroda relentlessly insists on an easy policy until the end of his term. I don’t think Ueda will be in a hurry to change policy too much.