Ex-BOJ’s Kiuchi: it's impossible for BOJ to exit easing with no damage

Former Bank of Japan (BOJ) board member Kiuchi is out on the wires now, via Reuters, noting that BOJ’s exit from the easy policy will cause some damage.

Key Headlines:

JGB bubble is side effect of BOJ easing

it's impossible for BOJ to exit easing with no damage

BOJ may target shorter-term yield, shift from 10-yr

2% inflation target is not appropriate