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BOJ's Nakaso: BOJ can learn from Fed in exiting easy monetary policy

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BOJ's Nakaso: BOJ can learn from Fed in exiting easy monetary policy

BOJ's Nakaso: BOJ can learn from Fed in exiting easy monetary policy
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TOKYO (Reuters) - Bank of Japan Deputy Governor Hiroshi Nakaso said on Wednesday the central bank has the necessary tools and expertise to engineer a smooth exit from ultra-easy monetary policy. "The BOJ can learn a lot from the U.S. Federal Reserve's experience" as the Fed raises interest rates while shrinking its balance sheet, Nakaso said in a seminar. "What tools we will use and in what sequence would depend on economic, price and financial conditions at the time," he said. (Reporting by Leika Kihara; Editing by Minami Funakoshi)
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