13.4 C
New York
Friday, May 20, 2022

Japan’s PM Abe says specific monetary policy steps up to BOJ to decide

Japan's PM Abe says specific monetary policy steps up to BOJ to decide© Reuters. Shinzo Abe, Japan’s prime minister, speaks during a joint news conference with Narendra Modi, India’s prime minister, not pictured, at Abe’s official residence in Tokyo

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Tuesday specific monetary policy steps must be left for the central bank to decide.

“I would like to lay the groundwork for beating deflation in the next three years,” Abe told parliament.

“I trust that BOJ Governor (Haruhiko Kuroda) would make the appropriate decision” on monetary policy, he said, when asked whether the central bank should seek an exit from ultra-easy policy.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: Investing.com

Related Articles

Stay Connected

- Advertisement -

Latest Articles

Popular Articles