Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the easing of monetary policy when the situation of setting the price goal becomes steadfast. However, the BOJ also gave its comment that it is too early to say when to slow down the massive stimulus program since the inflation is still too far from the two percent target. He also said addressing the house of parliament with its semi-annual testimony on Tuesday that they will give more specific action plan when the target of two percent has been reached and the environment settled accordingly. “For now, we don’t think conditions are rife to consider specific timings for an exit,” he added, pointing out that the central bank would not exit their ultra-easy policy program ahead of the two percent target. Japan’s core consumer price growth slowed in April for a second consecutive month despite weaker inflation, which will refrain it from returning to the stimulus at any period of time. Nonetheless, the policymakers are starting to look for ways to exit from crisis-era on policies due to extended easing program, as well as its negative effect on financial institutions. While BOJ patiently suspends the powerful monetary easing, he was heedful of the negative side effects because of massive stimulus. They will “guide” the policies in consideration of its impact on financial institutions, particularly regional banks according to Kuroda. Despite heavy printing of money for the past three years to speed up in reaching the target of two percent, the BOJ opted for long-term goals as it revised its policy framework in 2016 to have a sustainable solution in exiting from deflation.
PAUTAN SEGERA
Hubungi Kami 
