BoJ’s Kuroda Faces Pressure to Discuss Exit Plans

As the Bank of Japan will be concluding its two-day meeting on Friday, BoJ Governor Haruhiko Kuroda is facing increasing external pressure to discuss his exit plans. The central bank is not expected to implement any major policy adjustments, and this is why the market will be primarily focusing on Kuroda’s statement during the press conference immediately after the policy meeting as he is expected to give hints on possibly monetary policy shifts, including his exit stimulus plans. The Japanese public is becoming more and more incessant with regards to calling for an exit stimulus discussion, especially now that the Japanese central bank’s balance sheet is getting even with Japan’s economic size and with the Fed taking steps to normalize its policies.