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MNI BRIEF: PM Kishida: BOJ Needs To Maintain Easy Policy

(MNI) Tokyo
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Prime Minister Fumio Kishida said on Tuesday that the Bank of Japan needs to maintain the current easy policy but the methods of management is up to the central bank.

“Monetary policy affects foreign exchange rates and also affects smaller firms’ funding and housing loans and the overall economy. (The BOJ) should manage monetary policy in comprehensive way,” Kishida said at debate between party leaders ahead of upper house elections on July 10.

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Prime Minister Fumio Kishida said on Tuesday that the Bank of Japan needs to maintain the current easy policy but the methods of management is up to the central bank.

“Monetary policy affects foreign exchange rates and also affects smaller firms’ funding and housing loans and the overall economy. (The BOJ) should manage monetary policy in comprehensive way,” Kishida said at debate between party leaders ahead of upper house elections on July 10.

Keep reading...Show less