Japan’s Shindo: Specific monetary policy means up to BoJ to decide

Dhwani Mehta FXStreet

Japan's Economic Minister Yoshitaka Shindo said on Thursday that “specific monetary policy means up to BoJ to decide.”

Additional quotes

Understand BoJ takes into account various data, including consumption, economic outlook and risks comprehensively in guiding policy.

Expect BoJ to work closely with govt, take appropriate monetary policy to sustainably, stably achieve its price target accompanied by wage rises.

Market reaction

At the time of writing, USD/JPY is trading 0.21% lower on the day at 150.20.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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