BoJ’s Kuroda: BoJ must communicate its exit strategy but only when it hits the price target

More comments hitting the wires from the Bank of Japan (BoJ) Governor Haruhiko Kuroda, as he continues to speak in the Japanese parliament.

Raising rates now to create policy space for future could hamper the achievement of BoJ’s price target.

Explaining BOJ’s exit strategy now could create confusion in markets as inflation still distant from BoJ’s target.

BoJ must communicate its exit strategy but only when inflation approaches its price target.