Japan’s Hayashi: Expect the BoJ to closely coordinate with government

Source Fxstreet

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday that the Bank of Japan and the government will closely coordinate.

Additional comments

Monetary policy specifics are up to the BoJ to decide.

Expect the BoJ to closely coordinate with government, conduct appropriate monetary policy toward inflation target.

Market reaction

At press time, USD/JPY is up 0.06% on the day to trade at 154.10.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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