Japan PM says no contradiction between BOJ inflation aims and his government

Japanese PM Kishida says Bank of Japan monetary policy aims to achieve sustainable inflation in tandem with wage hikes and does not contradict the government’s inflation countermeasures.

• Japan reportedly eyes one-year income, resident tax cuts from June next year

Righto then.

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USD/JPY has been rocketed higher largely on enormous yield disparity between the US and Japan.

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This article was written by Eamonn Sheridan at www.forexlive.com. Source