Bank of Japan governor Kuroda repeating the same mantra again
- What to do with large balance sheet is one issue at time of exit
- Thinks that it will be possible to shrink the balance sheet then
- There are various tools to exit easing policy - including letting debt mature
- As BOJ has seigniorage (profits/revenue), trust in the yen won't be lost
His earlier comments can be found here.
Kuroda also says that the BOJ has bought 75% of JGB issued during the fiscal year of 2017 (which runs until the end of this month) so far.
"Are you tired of hearing me yet?"
