Bank of Japan Deputy Governor Kikuo Iwata speaking in parliament yesterday (), said the Bank was conducting a study of how it could exit its monetary stimulus
The Bank of Japan has been buying less JGBs this month … is something afoot. Maybe? Its hard to picture the Bank of Japan is anywhere near an ‘exit’ … the Bank still being a long way from hitting its inflation goal. (I’m gonna be on the side that there is pretty much nothing afoot re exit – its still a looong way off).