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Japan PM Abe says BOJ's easy policy shouldn't continue forever

Japan PM Abe says BOJ's easy policy shouldn't continue forever
FILE PHOTO: Japanese Prime Minister Shinzo Abe speaks during a meeting with Russian President Vladimir Putin on the sidelines of the Eastern Economic Forum in Vladivostok, Russia September 10, 2018. Mikhail Metzel/TASS Host Photo Agency/Pool via REUTERS   -   Copyright  POOL(Reuters)
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TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Friday the central bank should not maintain its current unprecedented stimulus programme forever.

“I don’t think we should do (the ultra-loose monetary policy) forever,” Abe said in a news conference, when asked whether the Bank of Japan needs an exit strategy for its ultra-easy policy.

“But when to modify the easy policy is up to (BOJ Governor Haruhiko) Kuroda. I’ve left that decision to him,” Abe said.

(Reporting by Leika Kihara; Editing by Chris Gallagher)

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