Following a joint meeting between the Japanese Cabinet Office and the Bank of Japan (BoJ) on Monday, the country’s Economy Minister Shigeyuki Goto said that the BoJ Governor Kazuo Ueda explained at the meeting how the central bank will keep the ultra-loose policy to sustainably and stably achieve price target. Additional takeaways “Among key points of meeting’s discussion was for govt, BoJ to work closely together, share a common goal and strive toward achieving it.” “Govt believes it’s meaningful for BoJ to conduct a review of past monetary policy conduct.“ “BoJ must respond nimbly to any change, downside risks to the economy.” Related reads USD/JPY Price Analysis: Golden cross lures Yen sellers to aim for 136.50 Japan’s government, BoJ debate deflation risk, role in keeping wage hikes

Following a joint assembly between the Japanese Cabinet Office and the Bank of Japan (BoJ) on Monday, the country’s Economy Minister Shigeyuki Goto stated that the BoJ Governor Kazuo Ueda defined at the assembly how the central bank will maintain the ultra-loose coverage to sustainably and stably attain charge target.

Additional takeaways
“Among key factors of meeting’s dialogue was once for govt, BoJ to work intently together, share a frequent aim and try towards attaining it.”

“Govt believes it is significant for BoJ to behavior a assessment of previous financial coverage conduct.“

“BoJ should reply nimbly to any change, draw back dangers to the economy.”

Related reads
USD/JPY Price Analysis: Golden pass lures Yen agents to intention for 136.50
Japan’s government, BoJ debate deflation risk, position in maintaining wage hikes