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BOJ can shrink balance sheet at appropriate pace: Kuroda

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Reuters TOKYO

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday he was confident the central bank can shrink its balance sheet at an appropriate pace when it exits ultra-loose monetary policy.

He also said the BOJ's government bond buying was aimed at achieving its 2 percent inflation target, not at bank-rolling public debt.

Kuroda made the comments in parliament, when asked by an opposition lawmaker about the BOJ's ultra-loose policy.

(Reporting by Leika Kihara; Editing by Shri Navaratnam)

 

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First Published: Nov 26 2018 | 1:24 PM IST

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