BOJ's Ueda: Could consider easy policy exit when achievement of 2% inflation is in sight

<ul><li>We could consider ending yield curve control and modify negative interest rate policy</li><li>But only when we judge that achievement of 2% inflation is in sight</li><li>We are not in a situation now to decide on the order of change in policy tools</li></ul><p>And based on his earlier remarks <a href="https://www.forexlive.com/centralbank/boj-governor-ueda-will-not-hesitate-to-take-additional-easing-measures-if-necessary-20230922/" target="_blank" rel="follow">here</a>, he deems that they are not at the point to consider the above options yet. This sort of misdirection after all the talk of a "quiet exit" is not going to do the yen much good. He really needs to be much clearer in his communication moving forward.</p>

This article was written by Justin Low at www.forexlive.com.