Friday, February 21, 2014

Bank of Japan's Haruhiko Kuroda: "Too Early to Debate Specific Exit Strategies from QE, Fiscal Discipline is Important"

Exit strategies from QE is on debate, meanwhile Bank of Japan Governor Haruhiko Kuroda said on Friday that it is too early to debate specific exit strategies from the central bank's quantitative easing as consumer prices are still in the process of approaching its 2 percent inflation target.

Bank of Japan Governor Haruhiko Kuroda, speaking at the lower house financial affairs committee, also said fiscal discipline is important because government bond yields could rise if trust in Japan's finance is lost, making it difficult to finance government spending

Source: reuters

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