Japan’s PM Kishida: Will refrain from commenting on media report on BoJ policy meeting
|Japanese Prime Minister Fumio Kishida crossed the wires in the last hour and refrained from commenting on media reports that the Bank of Japan (BoJ) is set to allow 10-year Japanese government bond (JGB) yields to rise above 1%. The BoJ is scheduled to announce its policy decision this Tuesday and the announcement is expected to infuse some volatility across the JPY pairs.
Key Quotes:
Must continue to work with BoJ on economic policy.
Aware of media reports on BoJ policy meeting but will refrain from commenting.
Currencies have a big impact on measuring the size of the economy.
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