BoJ's Kuroda: maintaining easing for now

Bank of Japan Governor Kuroda is in Japan's parliament today: publicly addressing market participants in the face of a constantly-strengthening Yen.

Key points:

• BoJ cannot yet offer plan on how or when they can exit easy monetary policy
• Powerful easing is still required for now
• Announcing exit plan prematurely could confuse markets
• when the time comes, BoJ will communicate its intentions clearly, appropriately to avoid market turbulence