BoJ Divided Over Exit Strategy Disclosure

Bank of Japan policymakers contested how much information the BOJ should disclose about a possible exit from quantitative easing, minutes of the central bank’s June 15-16 meeting showed on Tuesday.

Some members said the BOJ needed to clearly explain how it would manage policy and what impact it would have on the central bank’s finances, the minutes showed.

However, several members said consumer prices were still far from the central bank’s 2 percent inflation target, and disclosing information about a proposed exit too soon could cause market turbulence.

Reuters

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