Bank of Japan Governor Kuroda speaking today
- BOJ will of course seek an exit from massive stimulus programme if inflation reaches 2 pct
- When BOJ seeks exit from easy policy, yield curve will steepen but that alone won't pull financial institutions out of structural problems
- No reason to believe that the Bank of Japan must normalise policy just because the Fed is doing so
K here is saying nothing much that hasn't been said a million times before (maybe I am exaggerating on the million times but you get the picture).
