BOJ may debate stimulus exit if inflation nears our…

TOKYO, May 10 (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank could debate an exit strategy from its ultra-easy policy when the possibility of achieving its 2 percent inflation target heightens.

“With achievement of our price target still distant, it will create market confusion if we explain specific means and timing of an exit (from the easy policy) now,” Kuroda told a seminar.

“When the possibility of achieving our price target heightens, conditions of an exit would fall into place. The BOJ’s policy board could then discuss conditions for an exit.” (Reporting by Leika Kihara; Editing by Chris Gallagher)