Japan's Finance Minister Taro Aso said today that he believes that Bank of Japan will follow the appropriate policy to achieve the price stability target of 2%, which he believes will take a long time to achieve.
He told reporters that he understands the view of Haruhiko Kuroda, Governor of the Bank of Japan, that premature debate on ending massive stimulus will lead to market confusion.
Asked about the comment of Japanese Prime Minister Shinzo Abe and his hope that he would prepare to exit the stimulus program in the coming years, Aso said specific monetary policy was up to the BoJ to decide.
