BoJ Gov Kuroda: Too early to talk about specifics of exit strategy

Will continue powerful quantitative easing persistently, says the Bank of Japan Governor Haruhiko Kuroda as he speaks in the Japanese Parliament.

Additional headlines:

   •  ETF purchases have played a big role in lowering risk premium
   •  Debt purchases amount will change depending on market conditions
   •  BOJ is still a distance away from 2% price target
   •  Too early to talk about specifics of exit strategy
   •  Economy needs tenacious monetary easing
   •  Negative rates are applied to about JPY 20T of commercial banks' reserves