Japan’s Matsuno: Closely monitoring the impact of US monetary policy
|Japanese Chief Cabinet Secretary Hirokazu Matsuno said on Thursday, “we are closely monitoring the impact of US monetary policy and its changes on Japan and the global economy.”
“We will monitor the economic impact of US price increases and Fed rate hikes,” Matsuno added.
He said that “expect BOJ to continue with appropriate monetary policy taking into account economic situation.”
Market reaction
USD/JPY is unfazed around 144.50 on these comments. Matsuno spoke just ahead of the BOJ’s policy announcement.
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