Japan Finance Minister: Held meeting on maintaining close Govt, BoJ coordination


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  • Held meeting from perspective of maintaining close Government and BoJ coordination
  • Held meeting on my request to confirm cooperation under the new administration
  • Reaffirmed closely monitoring market
  • Reconfirmed technical tweak to BoJ-Government joint statement, no change to substance
  • No specific discussion on FX
  • BoJ Ueda explained current policy stance
  • Reaffirmed need for Government-BoJ to work towards sustainably achieving price increase backed by wage gains and sustainable growth
  • Will closely monitor market developments with high sense of urgency

This article was written by Giuseppe Dellamotta at investinglive.com.

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