BoJ's Kuroda: Talk on premature exit would be confusing

Continuing with his earlier comments on the Japanese central bank's ETF purchases and monetary policy program, the Bank of Japan (BoJ) Governor H. Kuroda was further noted saying: 

   •  Cannot say now how, what pace BoJ will shrink its balance sheet and hike rates

   •  How to shrink BoJ's balance sheet, raise short-term rate to be 2 key factors when BoJ exits easy policy

   •  Talk on premature exit would be confusing

   •  Internally discussing exit, won't communicate it with market until policy normalization timing draws near

   •  Way of exit dependent on prices, economy & market