Poll shows Japanese firms see no BoJ tightening for the short term

TOKYO: Three-quarters of Japanese companies say the Bank of Japan (BoJ) needs to exit from its super-easy monetary policy but most do not see that happening until next year or beyond, a Reuters poll found.

The results of the monthly Reuters Corporate Survey come as central bank Governor Haruhiko Kuroda – reappointed for a second term – and his two new deputies are set to begin their terms, aiming to spur economic growth and drive inflation to the central bank’s so-far elusive target of 2%.