Kuroda: Potential withdrawal of incentives to accelerate inflation

Japan's central bank may remove current stimulus for the economy in the form of redemption of bonds as soon as inflation reaches the target of 2%, said head of the financial institution Haruhiko Kuroda in an interview with CNBC.
This was the first stronger hint of ending the record-breaking stimulus in the Japanese economy and a testimony to the good development of the world's third-largest economy. Kuroda also talks about current issues, such as the danger of a war on trade and the manipulation of foreign exchange markets.
According to the head of the Japanese central bank, target inflation of 2% will be reached within the next five years. Then a discussion of a gradual decrease in current incentives will begin.
According to latest data, inflation in Japan is at a level of 0.5% on an annual basis until March.
Japan has the biggest monetary incentives among the world's leading developed countries at the moment. Experts also predict the bank is one of the last to remove its monetary incentives.