The Debts of the Lenders: BOJ Turns Temporarily Hawkish

So, it looks like the adventures in money printing are coming to a temporary stop. And here I thought the yen was determined to finish the race to the bottom against the dollar. Just remember it's a marathon and not a sprint.

DJ BOJ Minutes Hint At Turning Point In Monetary Policy -Nikkei

TOKYO (Nikkei)--The Bank of Japan's policy board last month addressed the issue of an exit strategy from special liquidity-supplying measures currently in place to alleviate the credit crunch, The Nikkei reports Thursday.

With central bank programs to buy corporate bonds and commercial paper set to expire at the end of September, the market's attention is turning to whether they will be continued.

According to the minutes from the April 30 meeting, released Wednesday, one member said "it might be necessary to examine how to terminate the temporary and exceptional measures that had been adopted."

The comment represents the first sign from within the BOJ of a possible turning point since steps were taken to ease monetary policy.