Japan’s Suzuki reaffirms that specific monetary policy is up to BOJ to decide
|Japan Finance Minister Shunichi Suzuki is back on the wires now, having concluded a meeting with the Bank of Japan (BOJ) Governor Haruhiko Kuroda this Tuesday.
Key quotes
Reaffirms that specific monetary policy is up to BOJ to decide.
Reaffirms continuation of joint statement between government and BOJ.
Government and BOJ are keeping close contact with one another.
Wants BOJ to do utmost to ensure financial market stability.
No discussion on currencies in today's meeting.
In response to the meeting, the BOJ came out with a statement, citing that the two officials exchanged broad views on the economy, prices and the financial situation.
Market reaction
USD/JPY is testing lows near 113.60, falling sharply in tandem with the US Treasury yields as the risk sentiment remains tepid ahead of the key event risk.
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