Japan Chief Cabinet Secretary Yoshimasa Hayashi said on Friday that he expected the Bank of Japan (BoJ) to work closely with the government to conduct appropriate monetary policy to sustainably, and stably hit its price target.
Key quotes
Monetary policy falls under jurisdiction of BoJ, with no comment on the government's view on its decision.
Expect BoJ to conduct appropriate monetary policy to sustainably, and stably hit its price target, working closely with the govenment.
Market reaction
At the time of writing, USD/JPY is trading 0.03% higher on the day at 152.07.
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