Japan’s Kihara: Specific monetary policy means are up to the BoJ to decide
Japan’s Chief Cabinet Secretary Minoru Kihara said on Thursday, “specific monetary policy means are up to the Bank of Japan (BoJ) to decide.”
Additional quotes
No comment on BoJ Governor Ueda's specific remarks.
Expect the BoJ to conduct appropriate monetary policies to sustainably and stably hit its price target, while working closely with the government.
Govt, the BoJ have had close communication on economic, financial trends and will continue to do so.
Market reaction
USD/JPY has moved a little following these comments, trading flat on the day near 159.90, as of writing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CLARITY Act heads for Senate vote as stablecoins become the new bank-deposit battleground
Shiba Inu eyes bullish reversal as network activity surges 122%, targets $0.000014
BUILDon rallies as holders hit record 87,320 – Can B extend its gains?

Goldman Sachs Hedge Fund Chief: "Zero-Day Options" Suppress U.S. Stock Volatility, Technology and Energy Remain the Best Choices
The S&P 500 has experienced intraday fluctuations of less than 1% for 27 consecutive trading days, marking the longest period of low volatility since the pandemic. Goldman Sachs warns that this "calm" is the result of zero-day options strategies forcibly locking in the market, and once a catalyst emerges, the compressed volatility energy will be released all at once. Meanwhile, expectations for a rate hike in September are rising, market sentiment has dropped to its lowest point of the year, and fiscal sustainability risks loom large—is this pot of heating water going to boil for much longer?
