At the Budget Committee of the House of Representatives on the 26th, the Bank of Japan's Governor Kuroda emphasized the stance of continuing large-scale monetary easing for the time being, and said, "While ensuring market stability, the so-called exit strategy to reduce monetary easing. It is possible to follow an exit strategy properly. "
When asked how long the current large-scale monetary easing would continue, Governor Kuroda said, "We have continued monetary easing aiming for a price stability target of 2%, but this year it will be around 1.9%. However, I think that monetary easing should be continued for the time being as it is likely to return to the 1% level next year, "he emphasized his stance of continuing monetary easing.
On the other hand, regarding the so-called exit strategy to reduce monetary easing, Governor Kuroda pointed out that there are two points: how to raise the policy interest rate, purchase of government bonds, and how to reduce assets. bottom.
On top of that, "I will do the method and timing appropriately according to the economy, prices, and financial situation at that time. I will combine various means and implement an appropriate exit strategy while ensuring the stability of the financial market. It's possible. I admit it's not easy, but I think it's possible enough. " Showed the recognition that it is possible.