BoJ’s Amamiya: Appropriate to maintain current policy given underlying price moves

Bank of Japan (BoJ) Deputy Governor Masayoshi Amamiya said on Monday, “the BoJ has already shifted to a sustainable monetary easing framework, so it is appropriate to maintain current policy given underlying price moves.”

Additional comments

BoJ has operational tools to achieve exit from ultra-loose monetary policy.

What is more difficult is to decide whether conditions have met to exit easy policy, and how to communicate BoJ’s intentions.