Japan will not convey in advance preference on BOJ policy, minister says
2 Articles
2 Articles
Japan will not convey in advance preference on BOJ policy, minister says
By Leika Kihara TOKYO, July 10 (Reuters) - Japan's government would never convey in advance its preference on how the central bank should set interest rates, Economy Minister Minoru Kiuchi said on Friday, brushing aside market concern over political ...
At a press conference following a cabinet meeting on the 10th, Minister of State for Economic and Fiscal Policy Minoru Jonouchi reiterated the financial market's perception that the draft "Basic Policy Guidelines" for economic and fiscal management, released at the end of June, were intended to curb further interest rate hikes by the Bank of Japan. He stated, "The government is not providing the Bank of Japan with any indication of the timing or…
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