Japan's government, BoJ close to announce joint monetary policy statement

FXstreet.com (Barcelona) - A joint statement on monetary policy, expected to be released later this week, between the Japanese government and the Bank of Japan, has entered its final stage before a common agreement between both entities is sealed, Japanese economic minister Akira Amari said on Sunday.

As is well know by the market, the government of Japan has been aggressively pushing the BoJ to pursue an ambitious 2% inflation goal, even reportedly asking the central bank to set-up a jobs mandate as part of its monetary policy mandate.

"(A difference between )the government and the BOJ is narrowing about the contents of the joint statement, but I can not disclose details," Amari told public broadcaster NHK, according to Reuters. "It is obviously necessary to share common policy goals between the government and the BOJ and strengthen cooperation" he said, Reuters adds.