Japan PM Kishida vows to debate government BOJ roles with new central bank head – by anilpanchal7 Japan BOJ NewsTrading USDJPY CentralBanks
also adds that the remark heightens the chance the government may revise its a decade-long blueprint with the central bank that focuses on beating deflation, a move that would lay the groundwork for an exit from the BOJ's ultra-loose monetary policy.must work closely together, but also each play its own role" in achieving price stability and higher wage growth, Kishida said in a program on public broadcaster NHK.
While communicating closely with markets, the BOJ needs to make its policy more flexible with an eye on an eventual normalization of monetary policy.USD/JPY reacts to the diplomatic comments by extending Friday’s pullback from a three-week high, depressed around 132.00 by the press time. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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