On the 30th, Finance Minister Katayama expressed his understanding of the Bank of Japan's announcement that the underlying inflation rate was 'broadly consistent with the 2% price stability target' and reiterated his expectation of close coordination between the government and the BOJ. The article reports on the BOJ's decision and the government's response.
Finance Minister Katayama said he understood the Bank of Japan's decision. The BOJ announced that the underlying inflation rate had reached a level broadly consistent with its 2% target.
At a press conference at the Ministry of Finance, Finance Minister Katayama said of the decision, 'Isn't this about the right time?' and expressed his understanding. He again indicated that the government places importance on coordination with the BOJ.
He expressed his expectation that appropriate monetary policy would be conducted through close coordination between the government and the BOJ, drawing attention to the BOJ's policy management.