Japan’s Kato: Will closely monitor discussions at BoJ’s policy meeting next week

Dhwani Mehta FXStreet

Japan’s Finance Minister Katsunobu Kato said on Wednesday that he “will closely monitor discussions at the Bank of Japan (BoJ) policy meeting next week.”

Additional quotes

Expect the BoJ to conduct monetary policy appropriately.

Believe the BoJ is playing its role based on its accord with government.

Up to the BoJ to decide on monetary policy.

Will continue to closely cooperate with the US including national security,

Market reaction

USD/JPY is losing 0.40% on the day to trade near 157.30 following these above comments.

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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