Japan PM Kishida: Specific monetary policy tools are up to BOJ to decide

  • Remarks by Japan prime minister, Fumio Kishida
  • Expects BOJ to keep up monetary policy settings to achieve inflation target

They have previously been explicit about the BOJ maintaining its ultra easing policy to achieve the 2% inflation target, but are now saying that the central bank should achieve that "steadily and sustainably". Given Japan's predicament, it roughly means the same thing so I wouldn't look too much into the change in wording.

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