BOJ's Kataoka: No need to debate exit strategy now - Sankei | Reuters

TOKYO (Reuters) - Bank of Japan board member Goushi Kataoka said the central bank should focus on ways to achieve its 2 percent inflation target instead of debating an exit strategy from its massive stimulus program, the Sankei newspaper reported on Tuesday. FILE PHOTO - Bank of Japan (BOJ) new policy board member Goushi Kataoka attends a news conference at BOJ headquarters in Tokyo, Japan July 25, 2017.

Reuters November 28, 2017 06:00:12 IST
BOJ's Kataoka: No need to debate exit strategy now - Sankei | Reuters

BOJs Kataoka No need to debate exit strategy now  Sankei  ReutersTOKYO (Reuters) - Bank of Japan board member Goushi Kataoka said the central bank should focus on ways to achieve its 2 percent inflation target instead of debating an exit strategy from its massive stimulus program, the Sankei newspaper reported on Tuesday. FILE PHOTO - Bank of Japan (BOJ) new policy board member Goushi Kataoka attends a news conference at BOJ headquarters in Tokyo, Japan July 25, 2017. REUTERS/Issei KatoThe BOJ must take additional easing steps to achieve its price target at the earliest date possible, so that prolonged monetary easing does not hurt Japan’s financial system, Kataoka was quoted by Sankei as saying in the interview. At a previous rate review in October, Kataoka dissented to the BOJ’s decision to keep monetary policy steady on the view more easing steps were needed to hit its price target.

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