BoJ Governor Haruhiko Kuroda said there is no specific stimulus exit strategy yet as it would take “significant time” to achieve the 2% inflation target. For now, BoJ will “patiently” maintain current monetary easing while “the economy is sustaining momentum for achieving the BOJ’s price target.”
Though, he acknowledged that “to ensure markets remain stable, it’s important to come up with a strategy and guidance at an appropriate timing on how to proceed with an exit”. And, “when the appropriate time comes, we will debate at our policy meetings an exit strategy and guidance, and communicate them appropriately.”
