Japan’s Katayama says BoJ's latest rate hike was done to achieve inflation target
Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the latest rate hike from the Bank of Japan (BoJ) was done to achieve the inflation target. Katayama added that she expects the central bank to conduct appropriate monetary policy while coordinating with the government.
Japanese Finance Minister Satsuki Katayama stated on Friday that the Bank of Japan's most recent interest rate increase was aimed at meeting the inflation target. She further remarked that she anticipates the central bank will implement suitable monetary policies in coordination with the government. The decision on specific monetary policy tools rests with the BoJ.
The bank's most recent rate hike was conducted with the objective of achieving the inflation target. Expect the BoJ to conduct appropriate monetary policy while coordinating with the government.
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