BOJ’s Kuroda: Nonsense to tighten policy now to deal with future risk

Additional headlines crossing the wires from the BOJ Governor Kuroda, are here as under:

Abnormal yen rises that deviate from fundamentals would hurt economy

Would also accelerate deflation

Wrong to think that unconventional mon pol would make exit difficult  

Wages rising but takes time to change mindset

Wage growth will accelerate once deflation mind is gone

A central bank Gov needs to grasp economic theory, this is a problem not just in Japan, also US & Europe

6 trln JPY target for ETF buys different to JGB target

JGB buys are to achieve YCC, this is different to ETFs

Not sure if analysis of my expressions has policy meaning

Nonsense to tighten policy now to deal with future risk