- There is a need for BOJ and government cooperation to have effective economic policies
- No comment on BOJ interest rates
- It is up to BOJ to decide on specifics of monetary policy
- Too early to talk about the size of the supplementary budget for now
She’s not hiding her bias here in backing Takaichi’s policy directive. The headline remark is in other words hinting that the BOJ should not consider imminent rate hikes for now. This tug of war will be an interesting one, though analysts are still expecting the central bank to take action in the coming months.
This article was written by Justin Low at investinglive.com.