Economic and Fiscal Policy Minister Jōnai Minoru (城内実) said at a press conference after the Cabinet meeting that he expected the Bank of Japan to manage policy appropriately toward achieving its 2% target, following the Bank's rate hike that day.
Economic and Fiscal Policy Minister Jōnai Minoru (城内実), who was reappointed in the Second Takaichi Cabinet reshuffle, referred at a press conference after the Cabinet meeting to the Bank of Japan's decision to raise its policy rate that day. He indicated that the specific methods of the Bank's monetary policy should be left to the Bank itself.
The statement can be understood as expressing the view that the Bank of Japan should manage policy appropriately toward achieving its 2% inflation target, rather than suggesting any additional guidance or judgment from the government.