Japan’s Ishiba says he will not intervene in BoJ monetary policy
Japanese Prime Minister Shigeru Ishiba said on Sunday that he would not intervene in monetary policy affairs, as the Japanese central bank is mandated to achieve price stability, per Reuters.
Key quotes
It's important to avoid vocally intervening.
Whatever the government has to say, the Bank of Japan makes an individual decision on policy.
I believe the BOJ's governor and staff have a strong sense of responsibility over achieving price stability.
Consumption needs lifting to help achieve a sustained departure from deflation.
Real wages need to boost.
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