Prime Minister Takaichi Sanae (高市早苗) reiterated at a press conference that the specific methods of monetary policy would be left to the Bank of Japan. The comments came as expectations of a rate hike were building ahead of the Bank of Japan's meeting through the 18th.
Prime Minister Takaichi Sanae (高市早苗) reiterated at a press conference that the specific methods of the Bank of Japan's monetary policy would be left to the Bank of Japan.
According to reports, the comments were made as expectations of a rate hike were building ahead of the monetary policy meeting through the 18th.
The statement is understood to reflect that the government is not in a position to directly instruct the Bank of Japan on policy conduct, and that importance is being placed on the Bank's own judgment.