BoJ's Kuroda: will be considering policy exit around fiscal year 2019

More headlines from BoJ Kuroda's confirmation hearing in the Lower house:

   •  Wage growth has to be higher than 3% for inflation to materialize
   •  Will keep emphasizing need of wage growth for inflation
   •  ETF purchases are part of stimulus package
   •  BoJ's ETF purchases are not greatly affecting stock prices as a whole
   •  BoJ isn't buying ETFs to manipulate stock prices
   •  BoJ is buying ETFs as part of a broader monetary policy framework
   •  BoJ's holdings of ETFs are only 3% of the whole stock market
   •  BoJ will be considering policy exit around fiscal year 2019
   •  For now, will continue to expand monetary base until inflation stabilizes
   •  Not saying that policy will definitely remain unchanged
   •  BoJ doesn't mean to keep rates unchanged forever