Japan FinMin Suzuki: Inappropriate to guide fiscal policy by depending on BoJ debt buying

Anil Panchal FXStreet

"It is Inappropriate to guide fiscal policy by depending on BoJ debt buying," said Japan’s Finance Minister (FinMin) Shunichi Suzuki said on early Tuesday. It’s worth noting that Japan FinMin Suzuki is to hold the Group of Seven (G7) financial leaders' meeting on April 12.

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G7 to discuss underlying world economy, supply chain and Ukraine crisis.

G20 to discuss support for emerging markets saddled with debt.

I want to explain to G20 Japan's efforts on resolving debt problems at emerging economies.

Specific monetary policy up to the BOJ to decide.

Inappropriate to guide fiscal policy by depending on BOJ debt buying.

Will strive for responsible economic and fiscal policies to maintain market confidence in Japan's debt management.

BOJ Gov Ueda explained to PM Kishida that he has no intention of changing the 2013 joint statement with govt, shared view with Kishida.

USD/JPY retreats

USD/JPY takes offers to renew intraday low around 133.35, snapping a three-day uptrend, by the press time.

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Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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