Japan finance minister Kato says monetary policy jurisdiction if BOJs

Japan finmin Kato:

• Monetary policy falls under jurisdiction of BOJ
• Expect BOJ to conduct appropriate monetary policy to sustainably, stably hit its price target, working closely with govt
• No comment on Bessent’s comments on BOJ

ICYMI, Bessent berated the Bank of Japan yesterday:

• US Treasury Secretary Scott Bessent criticised Bank of Japan - says its time to hike rates