March 5, 2018 / 6:03 AM / 20 days ago

BOJ's challenges include future exit from easy policy: nominee Amamiya

TOKYO (Reuters) - The Bank of Japan faces various challenges ahead, such as examining the cost and benefits of its stimulus program and possibly considering a future exit from its ultra-easy policy, Masayoshi Amamiya, a nominee for BOJ deputy governor, said on Monday.

A man walks past the Bank of Japan building in Tokyo, Japan January 15, 2018. REUTERS/Kim Kyung-Hoon

“Japan’s banking system remains stable now. But the environment surrounding financial institutions is becoming more severe,” Amamiya, currently the BOJ’s executive director, told a confirmation hearing in the lower house of parliament.

Reporting by Leika Kihara and Tetsushi Kajimoto; Editing by Chris Gallagher

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