Japan’s Aso believes BoJ steps this week help strengthen sustainability of monetary easing

Dhwani Mehta FXStreet

Japanese Finance Minister Taro Aso is on the wires now, via Reuters, commenting on the Bank of Japan’s (BoJ) latest monetary policy tweak.

Aso noted that he believes BoJ steps this week help strengthen sustainability of monetary easing.

Additional Comments:

No specific plan to set up infrastructure fund for the US investment.

Japan in various talks with the US on infrastructure development.

Earlier today, the BoJ July monetary policy meeting minutes showed that the financial conditions in Japan remain "accomodative".

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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