BoJ’s Kuroda: BoJ will seek to exit accommodative policy if inflation reaches 2%

More comments crossing the wires from the BoJ Governor Kuroda, as he continues to speak on the monetary policy outlook. BoJ will, of course, seek an exit from the massive stimulus programme if inflation reaches 2 pct. When BoJ seeks an exit from easy policy, the yield curve will steepen but that alone won't pull financial institutions out of structural problems. No reason to believe that the Bank of Japan must normalize policy just because the Fed is doing so.