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BOJ’s Kuroda: Not desirable to cause confusion by premature exit talk

The Bank of Japan (BOJ) Governor is still on the wires, via Reuters, now responding to the Q & A session at the press conference.

Key Points:

US rate hikes don't necessarily mean higher Japanese rates

BOJ been able to keep rates steady even as US rates rose

Hard to say how any rise of US yields influences JGBs

BOJ exit talk growing due to what's happening in US and EZ

BOJ will continue to communicate

Can't show various scenarios when not sure on future

Not desirable to cause confusion by premature exit talk

Fed's exit isn't what they indicated at first

Hitting 2% BOJ target more important than easing side-effect

BOJ can hit 2% target

 

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