Kuroda says BOJ will eventually need to normalize policy

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would eventually need to consider how to normalize its ultra-easy monetary policy.

But he reiterated that it was too early to debate specific means to whittle down stimulus with inflation distant from the BOJ’s 2 percent target.

“I think the process of any shift (from easy policy) would be cautious and gradual, as with U.S. and European central banks,” Kuroda told a news conference.

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