- Exoects BOJ to conduct appropriate monetary policy to sustainably, stably hit inflation target
- Government expects BOJ to continue with appropriate monetary policy operations
- Inflation focus should be driven by wage hikes rather than cost-push inflation
A bit of a push back from the government here after Kuroda’s remarks from earlier today. USD/JPY is keeping at the lows though, hovering around 155.40 – down 0.5% currently.
This article was written by Justin Low at investinglive.com.