TOKYO (Reuters) – Japan’s incoming prime minister Shigeru Ishiba mentioned on Sunday the nation’s financial coverage should stay accommodative as a development.
“It is one thing the Financial institution of Japan, which is remitted to attain value stability, will determine whereas working carefully with the federal government,” Ishiba advised public broadcaster NHK, when requested about additional rate of interest hikes by the central financial institution.
“From the federal government’s standpoint, financial coverage should stay accommodative as a development given present financial circumstances,” he mentioned.