BOJ's Ueda: It will take some more time to sustainably meet price target

  • Further remarks by Ueda
  • Not in a stage yet to discuss on how BOJ will exit easy policy
  • When price target is nearly achieved, then will debate exit strategy and communicate appropriately

This is just a rehash of his remarks from earlier this week. As things stand, the Japanese central bank isn't hinting at a clear path to exiting from its ultra easy policy. However, they are making it clear that they have already opened the door to that possibility at least.

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