At a press conference on the 5th, Chief Cabinet Secretary Kihara Minoru (木原稔) said he would refrain from commenting after U.S. Treasury Secretary Bessent appeared to express expectations for a Bank of Japan rate hike. He also reiterated his view that the specific means of conducting the BOJ's monetary policy should be left to the central bank.
At a press conference on the 5th, Chief Cabinet Secretary Kihara Minoru (木原稔) said he would refrain from commenting on remarks by U.S. Treasury Secretary Bessent that appeared to express expectations for a Bank of Japan rate hike. In this context, the Japanese government reiterated its view that the specific means of conducting monetary policy should be left to the BOJ.
The remarks came against the backdrop of the U.S. Treasury secretary's views on expectations for a rate hike. The Japanese side emphasized its position that decisions on the conduct of monetary policy are not matters in which the government should intervene.