“The BOJ should decide all monetary policy measures”; ETF sales will have no impact — Finance Minister Katayama

Finance Minister Katayama said the BOJ should decide all aspects of its monetary policy measures and expressed the view that the BOJ should also decide how ETFs are handled. She also said ETF sales would have no impact.

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The story

Finance Minister Katayama Satsuki (片山さつき) said the Bank of Japan should have authority over decisions concerning its monetary policy measures.

She also expressed the view that the BOJ should retain decision-making authority over monetary policy, including how ETFs are handled, and said ETF sales would not have a significant impact.

At a glance

SpeakerFinance Minister Katayama Satsuki (片山さつき)

Key statementThe BOJ should decide all monetary policy measures

ETF referenceSaid the BOJ should also decide how ETFs are handled

Impact assessmentExpressed the view that ETF sales would have no impact

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